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United Kingdom

Bybit to suspend services in the UK after FCA drops new rules
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27 September, 2023

Bybit to suspend services in the UK after FCA drops new rules

As the Financial Conduct Authority mandates new stricter rules, Bybit decided to pause their operations in the U.K. to focus...
UK FCA warns digital asset firms over poor engagement with new rules
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26 September, 2023

UK FCA warns digital asset firms over poor engagement with new rules

The Financial Conduct Authority has issued final warning to unregistered digital asset firms for their low engagement to financial promotions...
UK anti-trust regulator pushes against AI monopoly by industry players
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22 September, 2023

UK anti-trust regulator pushes against AI monopoly by industry players

Competition and Markets Authority, the U.K.'s anti-trust regulator, calls for AI guardrails to prevent monopolies as it leads efforts to...
House of Lords passes bill to empower authorities to seize digital assets
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21 September, 2023

House of Lords passes bill to empower authorities to seize digital assets

The new legislation amends several acts to, among other things, insert digital asset-related definitions and mechanisms to extend existing powers...
Bybit CEO refutes exit rumors: ‘Leaving the UK isn’t part of our strategy’
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20 September, 2023

Bybit CEO refutes exit rumors: ‘Leaving the UK isn’t part of our strategy’

A report quoted CEO Ben Zhou saying that due to the new FCA rules, Bybit would exit the U.K., but...
Cøbra appeal denied in victory for open justice
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18 September, 2023

Cøbra appeal denied in victory for open justice

Cøbra had been successfully sued by Dr. Craig Wright for violating the latter’s copyright in the Bitcoin white paper as...
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