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UK users being put to the test by cryptocurrency exchanges

From leaprate.com

Cryptocurrency exchanges, such as Coinbase, Crypto.com, and Gemini are warning UK users that they will have to complete risk assessments and investment questionnaires to showcase their financial know-how. This missive follows the Finance Conduct Authority’s (FCA) strict new rules, which will soon come into effect. Starting today, cryptocurrency investors will have to declare which type of investments they action and answer questions on a variety of financial services and regulations if they wish to keep on trading on these platforms. On this declaration, users must choose an investor profile, which is either high ... (full story)

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  • Category: Fundamental Analysis