Solana’s largest DeFi protocol, Marinade, is reportedly blocking all users in the United Kingdom over compliance concerns regarding the FCA’s rules.
Marinade Blocks UK Users
Solana’s leading decentralized finance protocol, Marinade Finance, has initiated the process of blocking UK users from accessing its platform. This decision arises from „compliance concerns” tied to the regulations of the Financial Conduct Authority (FCA). The United Kingdom’s regulatory landscape in the digital asset sector is undergoing significant changes, prompting companies to adjust to the new regulations to remain compliant. Marinade Finance, as the largest DeFi protocol on Solana, is now taking action.
Orca Finance Sets Precedent
Marinade Finance is not alone in taking this step. Orca Finance has also begun blocking access to users in the United Kingdom. Upon attempting to access the site, UK users are now met with a warning message.
However, they are not entirely cut off. As per the information ava
We współpracy z: https://cryptodaily.co.uk/2023/10/uk-users-shut-out-from-solana-based-marinade
