Bybit's announcement to phase out services for UK residents has left many questioning what's next. Understand why this move is crucial for Bybit's future compliance with UK laws and what it means for existing UK users. Get all the details you need to navigate this significant industry change. Complying with UK Regulations: The Reason Behind the Move Cryptocurrency exchange Bybit announced on September 22, 2023, that it will begin to phase out its services for UK residents starting in October 2023. The decision to suspend services is part of Bybit’s effort to comply with all relevant UK regulations. The cryptocurrency ...
