Archax | Crypto

Lloyds Banking Group has completed a landmark digital finance transaction executing the first-ever Gilt purchase using tokenised deposits. The post Lloyds Bank, Archax and Canton Network Complete UK’s First Gilt Purchase Using Tokenised Deposits appeared first on Cryptonews.

Bybit is relaunching in the UK with a stripped‑back spot and P2P platform, reopening a market it exited after the Financial Conduct Authority’s (FCA) 2023 crackdown. Bybit says it is returning to the United Kingdom after a two‑year pause with a new UK platform offering spot trading on 100 pairs and a peer‑to‑peer venue. The Dubai‑based exchange shut off local UK customers in late 2023 when the Financial Conduct Authority’s (FCA) tougher financial promotion rules kicked in.  According to a press release shared with Cointelegraph, the service is being rolled out under a promotions arrangement approved by Archax, an FCA‑authorized firm, rather than via Bybit’s own registration or authorization in the UK. Read more