Bybit officially launches in the UK after regulatory reset
Bybit has officially relaunched its services in the UK, offering 100 crypto trading pairs after complying with FCA rules.Summary
Global crypto exchange Bybit has officially resumed operations in the UK, marking its re-entry into the major digital asset market after a two-year absence. This move follows Bybit's decision to halt new UK signups in late 2023 and liquidate existing positions to comply with updated Financial Conduct Authority (FCA) crypto marketing rules. Bybit stated that its UK operations are now structured to meet FCA financial promotion standards, incorporating rigorous Anti-Money Laundering (AML) and Know Your Customer (KYC) processes. Initially, UK users gain access to spot trading across 100 pairs, along with Peer-to-Peer (P2P) functionality, leveraging Bybit's global liquidity. The exchange intends to expand its UK product offerings over time.
(Source：Crypto Briefing)