According to TechFlow, the centralized cryptocurrency exchange CEX.IO has officially resumed its business operations in the UK. The company said that its registration process now meets the compliance requirements of the UK Financial Conduct Authority (FCA).
CEX.IO 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 once one of CEX.IO's main markets. Before the suspension, local users accounted for 69% of its total customers in the European Economic Area, and trading volume increased by 26.9% month-on-month.
Currently, the company offers 190 digital assets in the UK.