Which CEX resumed UK operations?

TLDR

Bybit has resumed UK operations.

1. It relaunched with spot trading on 100 pairs and no derivatives, framed for UK rules, per a report on the return to the UK market. Bybit returns to UK.
2. The setup uses Archax, an FCA?authorised firm, to approve financial promotions for UK users. Archax partnership.
3. The move lands as the UK signals a fuller crypto rulebook by 2027. UK rulebook timeline.

Deep Dive

1. What Relaunched

Bybit restarted UK access with a streamlined offering focused on spot trading across 100 pairs, excluding leveraged derivatives and other higher?risk products. This narrower scope aligns with UK consumer protection expectations and financial promotion rules. See details in the coverage of the UK relaunch and product scope. Spot and P2P with 100 pairs.

2. How It Is Compliant

Rather than operating under its own UK authorisation, Bybit is leveraging Archax, an FCA?authorised exchange, to approve financial promotions and provide a compliant marketing path into the UK. This model has also been used to enable compliant access for other global platforms. Archax approval route.

3. Why Now

The UK government has signalled plans for a comprehensive crypto framework by 2027, and the FCA has been consulting on market?structure rules. The environment is moving toward clearer standards for platforms, which provides a regulatory path for returns like this. Rulebook by 2027 context.

Conclusion

The exchange that resumed UK operations is Bybit, using a compliance?first approach via Archax and a trimmed spot?only product set. The relaunch aligns with the UKs trajectory toward a fuller crypto rulebook, meaning access is back, and future features will likely expand only as regulations solidify.