Ben Zhou, CEO of leading cryptocurrency exchange Bybit, said they will do their best to stay in the UK despite the FCA’s upcoming new rules.
Bybit CEO Ben Zhou, according to media reports yesterday The Financial Conduct Authority (FCA) on 8 October If they have no other option under the new rules coming into force from United Kingdom He said they could withdraw.
According to the news, Zhou said in his statement that it is most likely due to the regulations getting tougher. from United Kingdom announced that they would withdraw. The CEO also reminded that they recently left France.
However, according to a new announcement made after these statements, Bybit within the country do your best to stay He stated that he would do it. CEO Ben Zhou says leaving the UK It’s not part of their strategy at the moment. reported.
The UK’s new rules It will come into force on October 8 And It will directly affect crypto companies. Under the new rules, customers a company providing services must be registered with the FCA It is necessary.
In this regard, cryptocurrency exchange luno Due to upcoming new rules, some British customers to make transactions planning to stop PayPal, announced that it would temporarily stop crypto purchasing services in the country.