What are the new questionnaires (appropriateness assessments) and self assessment forms (restricted or retail investor statements) that investors need to complete now on CEXs (centralised exchanges) following the UK government and FCA regulations?

What is the 24-hour cooling off period that exchanges must implement?

What is a high net worth investor and what is certified or self certified sophisticated investor, rather than being a retail or restricted investor when investing in cryptocurrencies?

What was the deadline for firms to register with the UK government, if they’re allowed to offer crypto services to UK retail investors such as fiat currency on ramps and off ramps e.g. GBP or British Pound?

What are some of the ways of using DEXs (decentralised exchanges), crypto lending, DeFi to avoid centralized exchanges?

That's what I cover in this video and include useful links to below.

It has never been more important to educate yourself financially.

Contact me here if you are interested in working with me:
  / jameskaylive  
  / jameskay99  

Check out my previous three UK regulation videos:

1) Which Crypto Exchanges Have Been Approved Following New UK FCA Regulations. Top UK exchanges 2024
   • Which Crypto Exchanges Have Been Appr...  

2) DeFi - Introduction and Beginner's Guide to Decentralised Finance
   • DeFi - Introduction and Beginner's Gu...  

3) The Power Of Crypto Lending - How To Borrow Against Your Crypto - Risks & Rewards
   • The Power Of Crypto Lending - How To ...  

Useful links:
FCA: Financial Services Register:
https://register.fca.org.uk/s/

FCA: Registered Cryptoasset firms:
https://register.fca.org.uk/s/search?...

Chapters:
0:00 - Intro
1:14 - FCA Crypto Exchange Deadline
3:30 - Avoid Using Centralised Exchanges
4:30 - Crypto Questionnaire and Self-Assessment Form
5:30 - Appropriateness Assessment
6:32 - 24-Hour Cooling Off Period
6:50 - Restricted Investor Statement
7:45 - High Net Worth Investor
8:32 - Self-Certified Sophisticated Investor

Disclaimer:
The information contained in this video is for informational purposes only. Nothing shall be construed as financial advice. The content is solely the opinions of the speaker who is not a licensed financial advisor. The speaker does not guarantee any particular outcome.

#crypto
#uk
#cryptoregulation
#cryptoexchange