Solana-based decentralized finance (DeFi) protocol Marinade Finance has restricted access for users in the United Kingdom in compliance with new regulations set by the Financial Conduct Authority (FCA). The FCA introduced these regulations earlier in the year to govern the promotion of crypto products in the region. As a result, several crypto companies have either adapted to the rules or chosen to exit the UK market. Marinade Finance, with around 75,000 users and $241 million worth of assets locked on its platform, is the largest DeFi protocol on Solana. The protocol’s decision to block UK access is in line with its commitment to comply with the FCA regulations.

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Information	Details
Geography	Europe
Countries	🇬🇧
Sentiment	neutral
Relevance Score	1
People	None
Companies	FCA, Bybit, PayPal, OKX, Marinade Finance
Currencies	None
Securities	None