Coinbase UK is asking its users to complete a risk-acknowledgment form to comply with the Financial Conduct Authority’s (FCA) new financial promotions regulations set to take effect by Jan. 8, according to emails obtained by CryptoSlate.
The emails require the users to identify their investor type and complete an assessment acknowledging the high-risk nature of cryptocurrency investments as defined by the FCA. It stated:
“You also need to complete a short assessment designed to confirm that you understand the risks associated with investing in crypto assets, which are considered high-risk investments by the FCA. The Appropriateness Assessment is essential for helping us ensure that you’re equipped to make informed investment decisions.”
Meanwhile, Coinbase is not the only crypto exchange testing its UK users as part of efforts to comply with local laws, as OKX introduced something similar recently.
This move aligns with recent efforts of the U.K.’s regulatory effort to protec
We współpracy z: https://cryptoslate.com/coinbase-uk-mandates-risk-acknowledgment-from-users-under-new-fca-rules/
