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Just In: Solana's Marinade Finance Limits UK Access

source-logo  coingape.com 23 October 2023 20:00, UTC

Marinade Finance, a leading decentralized finance protocol on the Solana (SOL) blockchain, has initiated a block on its UK-based users in response to evolving compliance challenges. This move mirrors concerns over the Financial Conduct Authority (FCA) regulations, compelling the platform to restrict access in the region. Moreover, the measure aligns with actions taken by another DeFi player, Orca Finance, indicating a growing caution within the sector.

coingape.com