Popular cryptocurrency exchange OKX announced that it has changed its policy within the scope of new cryptocurrency regulations in the UK.
In a blog post shared by OKX on October 7, UK Financial Services Authority (FCA) by 8 October provided under the new cryptocurrency rules implemented on to change place was given.
The exchange is exclusive to users in the UK warning and information systems brought. It is now available on the main page of the exchange for users who want to invest in cryptocurrencies within the scope of the regulations. This investment is risky And Get more information before investing A warning will appear.
OKX also offers for users living in the UK also reduced the number of cryptocurrencies. As a result of the update Bitcoin (BTC), Ethereum (ETH), Solana (LEFT), Tether (USDT) And USD Coin (USDC) including More than 40 cryptos It was stated that the money will be in service for the users of the region in question.
However, changes implemented within the scope of the FCA compliance program for individual users only will be valid. For users in the UK A separate social media account will be opened and announcements will be made here.
FCA asks cryptocurrency exchanges and companies to Be clearer about products and services While waiting, especially the comments about cryptocurrenciessevere restrictions on joint activities brought.
OKX continued the statement with the following statements:
We are happy to follow these regulations because they are fully consistent with our long-standing commitment to responsible trading. As one of the world’s leading crypto exchanges by trading volume, we see it as our duty to educate our customers on this subject.
The exchange will share educational information for its UK-based users in areas such as the importance of doing their own research, the benefit of having an investment plan, third-party risks, risk management practices, and aim to raise users’ awareness.
cryptocurrency exchange at Binance In a post he shared recently, he included the steps he will take within the scope of the new rules in England.