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Not Leaving UK: Bybit Responds to Rumors
The cryptocurrency exchange, Bybit has quashed reports suggesting its intention to exit the United Kingdom ahead of the nation's new financial regulations set to take effect on October 8, 2023. Earlier this week, various media outlets circulated claims that Bybit was considering withdrawing its services from the UK due to the perceived strictness of the new marketing rules for crypto firms. However, Bybit swiftly responded to these reports, asserting its commitment to the UK market and a willingness to work with regulators to find mutually agreeable solutions. Reports initially surfaced earlier this week, claiming ... (full story)