-
Crypto firms introduce risk assessments and finance tests in response to strict new rules in UK
Coinbase, Crypto.com, Gemini and other cryptocurrency exchanges are warning users in the U.K. that they’ll need to start filling out risk assessments and investment questionnaires aimed at testing their financial knowledge. It comes ahead of tough new rules on the advertising of digital asset products in the country. The firms have told users in Britain that, starting Jan. 8, they will be required to complete a declaration about what type of investor they are, and respond to a questionnaire asking questions on a range of aspects of financial services and regulation to continue using their respective platforms. In ... (full story)