Bybit has announced the suspension of its services to residents of the United Kingdom due to regulatory changes introduced by the country’s Financial Conduct Authority (FCA). The move comes in response to the FCA’s new rules regarding marketing and communications by crypto businesses. Notably, the new rules aim to establish clear, fair, and non-misleading marketing practices within the crypto industry. Bybit’s decision to suspend services in the UK aligns with its proactive approach to embrace the new regulations set forth by the FCA. The company plans to phase out its services to UK residents in two stages.