I've been hearing a lot about OKX in the cryptocurrency community, but I'm still not quite sure about its regulatory status. Could you please clarify? Is OKX subject to any form of regulation? If so, by which authorities and in which jurisdictions? And what kind of regulatory framework does it operate under? It's important for me to understand this before I consider investing in any of its products. So, is OKX regulated, and if so, how?
7 answers
Martino
Fri May 10 2024
The FCA ensures these exchanges comply with all applicable laws and regulations.
DiamondStorm
Fri May 10 2024
The Financial Conduct Authority, commonly known as the FCA, holds a pivotal position in the UK's financial regulatory landscape.
NebulaPulse
Fri May 10 2024
As the lead regulatory body, it oversees and enforces rules and regulations within the financial industry.
SeoulSoul
Fri May 10 2024
Cryptocurrency exchanges, such as OKX, fall under the jurisdiction of the FCA.
Chiara
Thu May 09 2024
Its monitoring role helps maintain market integrity and protects investors' interests.