Bitcoin

CEX.IO, <a href="https://optimisus.com/news/crypto-news/global-crypto-trading-volume-is-estimated-to-exceed-108-trillion-in-2024/" rel="noopener noreferrer nofollow">a centralized crypto exchange</a>, has recommenced operations in the UK following a 10-month suspension due to compliance with Financial Conduct Authority (FCA) laws and a partnership with Nexo.The provisional suspension in October 2023 was a reaction to new FCA directives intended to bolster consumer safety within the cryptocurrency industry. CEX.IO currently provides access to 190 digital assets for its UK clientele, with more than 68% of its customer base located in the UK.The exchange is now obtaining complete Anti-Money Laundering (AML) registration with the FCA. <a href="https://optimisus.com/news/crypto-news/global-crypto-trading-volume-is-estimated-to-exceed-108-trillion-in-2024/" rel="noopener noreferrer nofollow">CEX.IO</a> has re-entered the UK market through a collaboration with Gateway 21, which aids in obtaining financial promotion approvals.The United Kingdom is reinforcing its status as a premier digital center through strategic investments and governmental measures, with London rising as a global technology capital.The UK government&#39;s endorsement of innovation, strong digital infrastructure, proficient workforce, and conducive regulatory framework further elevates its standing. The United Kingdom&#39;s focus on cybersecurity and data protection fosters trust and stability for digital enterprises.

CEX.IO Restarts UK business and claims to have met FCA compliance requirements

Optimisus

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