Marinade Finance, the largest decentralized finance (DeFi) protocol on the Solana blockchain, has recently initiated a process to block access for users based in the UK.
This decision follows a similar action by Orca Finance and is responding to “compliance concerns” related to the Financial Conduct Authority (FCA) regulations.
Marinade Finance Blocks UK Users
Marinade Finance, the largest DeFi protocol on the Solana blockchain, has begun blocking access to users in the region, a restriction coming in response to the recent regulations from the FCA.
The landing page for UK users attempting to access Marinade Finance now displays a warning message. However, it clarifies that UK clients can still perform specific actions, stating, “Users may withdraw liquidity, claim delayed tickets, or delay unstake via our SDK.”
This action by Marinade is not a standalone occurrence. Orca Finance, known to be the biggest decentralized exchange on Solana, has also put geo-blocking measures in pl
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