Bybit has officially relaunched in the UK, offering over 100 spot trading pairs through a new platform operating under FCA-compliant promotion rules.
Key Takeaways
- Bybit returns to the UK market after pausing services in 2023 due to stricter FCA financial promotion regulations.
- The relaunch uses a partnership with FCA-authorized firm Archax, allowing Bybit to legally promote its services in the UK.
- Over 100 crypto spot trading pairs and P2P services are now available for UK users, with no derivatives or leveraged products included.
- Bybit emphasizes compliance, transparency, and user protection, aiming to align with UK regulatory standards and regain user trust.
What Happened?
After a two-year pause, crypto exchange Bybit has relaunched its UK platform by leveraging a regulatory workaround through Archax, a Financial Conduct Authority (FCA) registered firm. This move allows Bybit to offer services like spot trading and peer-to-peer crypto transactions while complying with the UK’s updated financial promotion rules.
The platform re-entry focuses on transparency, compliance, and customer safety, avoiding derivatives and high-risk products, and highlighting risks associated with crypto investments.
🚨 Bybit is reentering the UK market with 100 crypto trading pairs after a two year pause. pic.twitter.com/nakSA1U13w
— DustyBC Crypto (@TheDustyBC) December 19, 2025
Bybit Re-Enters UK Market Through FCA-Compliant Route
Bybit suspended UK operations in late 2023 following the implementation of FCA’s tightened rules on how crypto firms promote products and onboard users. Rather than pursue direct FCA registration, the exchange is now operating under a promotion arrangement with Archax, which is fully authorized in the UK.
This strategic move allows Bybit to legally market its services to UK users without being directly supervised by the FCA.
- Bybit confirmed it will operate without derivatives or leverage trading initially.
- The focus is on spot trading and peer-to-peer (P2P) access with 100+ crypto pairs.
- Products are tailored to meet UK compliance expectations, with enhanced AML and KYC checks.
UK Crypto Market Still Growing Despite Regulatory Pressures
Although the FCA’s latest consumer research suggests crypto ownership in the UK has dropped from 12% to 8%, Bybit argues that engagement remains strong. The exchange sees the UK as a sophisticated and promising market with users who expect secure, flexible platforms.
Ben Zhou, co-founder and CEO of Bybit, said this move represents not just a return but the start of a new chapter, focusing on products built for informed participation in the digital asset economy. Mykolas Majauskas, Bybit’s Senior Director of Policy, added that the UK’s regulatory clarity makes it an ideal space for responsible innovation.
Spot Trading at the Center of Bybit’s Relaunch
One of the standout features of the relaunch is the availability of over 100 spot trading pairs, giving UK users wider flexibility and deeper liquidity. Bybit believes that greater asset variety can help traders diversify strategies, manage risk, and respond more effectively during volatile market conditions.
- No Financial Services Compensation Scheme or Ombudsman protections apply.
- The platform includes risk warnings and encourages education for informed trading.
Strategic Growth Through Compliance and Trust
Bybit has spent the last year strengthening its operational framework and refining compliance processes. The return to the UK market follows internal investments in platform integrity, aligning with expectations from both retail and institutional players.
The exchange is positioning itself for long term participation, signaling a calculated expansion strategy rather than rapid scaling. The renewed UK presence comes at a time when institutional interest in digital assets is expanding, offering Bybit a chance to serve both everyday and professional traders.
CoinLaw’s Takeaway
I see this relaunch as a textbook example of strategic compliance in a tough regulatory climate. Bybit’s decision to re-enter through Archax shows a clever use of existing frameworks to reach users without cutting corners. In my experience, moves like this build long term trust far more than flashy launches or high-risk products.
By focusing on spot markets and platform integrity, Bybit is sending the right signals. I found their cautious approach refreshing in an industry that often prioritizes speed over safety. If they stick to this path, it could set a precedent for other global exchanges looking to return to the UK.
