Largest DeFi protocol on Solana reportedly quits UK market, citing FCA rule

Marinade Finance, the largest DeFi protocol running on the Solana blockchain, has started blocking users in the United Kingdom.

Marinade Finance holds over $265 million in total value locked, accounting for 70% of all funds locked on the Solana blockchain.Marinade Finance, the largest decentralized finance protocol running on the Solana blockchain, has reportedly started blocking users from the United Kingdom. Customers in the U.K. discovered the problem on Oct.

“Access to this site is unavailable in the United Kingdom due to compliance concerns relating to rules and regulations promulgated by the U.K. Finance Conduct Authority. Users may withdraw liquidity, claim delayed tickets, or delay unstake via our SDK.” Marinade Finance has around 75,000 users with a total value locked of over $265 million at the time of writing, accounting for 70% of all the funds locked on the Solana blockchain.While the message from Marinade doesn’t specify the rules, the protocol isn’t the first to quit the U.K. market in recent months. On Oct. 16, crypto exchange Binanceto promote “fair, clean and transparent” advertising in the crypto industry.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

Cointelegraph /  🏆 562. in US

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Solana's Largest Defi Protocol Marinade Starts Blocking UK UsersOliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.
続きを読む »

Crypto funds see fourth week of net inflows, with Solana taking largest altcoin shareDigital asset investment products saw net inflows for the fourth consecutive week totaling $66 million, according to CoinShares.
続きを読む »

SOL bullish breaker could flip back to supply barrier as Solana’s largest DeFi protocol blocks UK usersSolana (SOL) price continues to maintain its gains as the bears remain in the cage. The purported Ethereum-killer (ETH) joined Bitcoin (BTC) price in
続きを読む »

'Ethereum Killer' Solana (SOL) Records 420% Inflow Surge During Crazy 38% Price RallySolana (SOL) steals attention of crypto and investment products market, soaring by 38% in price
続きを読む »

Year-to-Date Inflows to Solana Hit $74 Million as SOL Price Shot Above $30: CoinSharesCrypto Blog
続きを読む »

Solana Introduces Limited-Time Offer Zero Fees for Asset Transfers from MetaMaskCrypto Blog
続きを読む »