OKX Implements Measures for UK Users in Compliance with FCA Regulations
On January 2nd, cryptocurrency exchange OKX disclosed its plans to introduce new measures, aligning with regulations outlined by the UK's Financial Conduct Authority (FCA).
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On January 2nd, cryptocurrency exchange OKX disclosed its plans to introduce new measures, aligning with regulations outlined by the UK's Financial Conduct Authority (FCA).
OKX introduces FCA-mandated rules for UK users, requiring risk assessments through surveys. Aligned with Binance, OKX adapts operations, emphasizing responsible trading amid FCA scrutiny. Industry-wide shifts signify a move towards regulatory compliance and user-awareness in cryptocurrency trading.
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As defined by the FCA, "cryptoasset activity" includes anything that involves exchanging one crypto for another or exchanging crypto for fiat and vice versa.
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