The ebb and flow of crypto regulations have been a fixture since the very beginning of the DeFi ecosystem. From the most liberal to the most stringent, every country and its regulators have constantly grappled with streamlining the market. In the United Kingdom, this dialogue has taken a pivotal turn, with the latest guidelines introduced by the Financial Conduct Authority (FCA) set to commence on the 8th of October.
As prominent exchanges announce their withdrawal from the UK, it might seem like the tides are turning unfavorably for the UK’s crypto enthusiasts. Yet, amidst the uncertainty, an underdog emerges as an exchange and a cornerstone of stability for those seeking continuity.
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