The post Marinade Finance Blocks UK Users Over FCA Compliance! appeared first on Coinpedia Fintech News
Marinade Finance, the biggest DeFi protocol running on the Solana blockchain, has started to prohibit users from the UK from accessing its platform. The move is a result of compliance concerns regarding the regulations set by the Financial Conduct Authority (FCA). Marinade Finance has confirmed that it has initiated the process of blocking its users in the region. The development is expected to impact multiple users who will no longer be able to access its services. The DeFi protocol has not yet issued any official statement about the situation.