Bybit Relaunches in UK With 100 Crypto Pairs and FCA Compliance
4.8 Regulation Bybit returns to the UK after two years, offering 100 crypto trading pairs through a partnership with Archax to comply with FCA rules, focusing on transparency, compliance, and tailored services for UK users.
Bybit has returned to the UK market after a two-year absence caused by stricter regulations on crypto promotion and marketing. The exchange now offers spot trading on 100 cryptocurrency pairs, operating under a compliance framework in partnership with London-based Archax, which is authorized by the Financial Conduct Authority (FCA) to approve financial promotions. Bybit is not directly licensed in the UK but leverages Archax’s regulatory status to market and provide services to UK users, ensuring adherence to FCA standards. This approach allows Bybit to prioritize transparency, compliance, and tailored products for UK customers. The relaunch includes zero deposit and withdrawal fees via Archax’s platform and aims to broaden access to major cryptocurrencies. The UK government is working towards a comprehensive crypto regulatory rulebook by 2027, and Bybit’s partnership model may serve as a blueprint for other exchanges seeking compliant access to the UK market.
