ChainCatcher news, centralized cryptocurrency exchange CEX.IO has officially resumed its business operations in the UK. The company stated that its registration process now meets the compliance requirements of the UK's Financial Conduct Authority (FCA).CEX.IO had previously voluntarily suspended its services in the UK due to the FCA's implementation of new crypto asset financial promotion regulations in October 2023. The UK was one of CEX.IO's key markets, with local users accounting for 69% of its total customers in the European Economic Area before the suspension, and trading volume had increased by 26.9% month-on-month.Currently, the company offers 190 digital assets in the UK.

ChainCatcher news, according to Bloomberg, Block Inc.'s crypto trading app Cash App plans to shut down its operations in the UK. The platform has been offering services in the UK for six years, and the company reportedly informed customers on Thursday that it will close on September 15.

ChainCatcher news, according to City A.M., digital bank Revolut will suspend certain cryptocurrency services for UK businesses starting January 3, 2024. At that time, UK customers will be unable to purchase cryptocurrencies through Revolut Business, while business customers will still be able to hold and sell cryptocurrencies, and retail customers will not be affected.