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Is the OuYi Coin exchange legal?

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Release: 2024-07-17 10:06:57
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European exchange is formal and has been certified by regulatory agencies in many countries, including US FinCEN, British FCA, European Union, Australia and Canada. In addition, it has implemented anti-money laundering, security and responsible trading measures to provide users with a trusted and compliant trading platform.

Is the OuYi Coin exchange legal?

Is the Ouyi Coin exchange formal?

Yes, the Ouyi Coin exchange is formal.

Details:

European Exchange, formerly known as Binance, was founded in 2017 and is one of the world's leading cryptocurrency exchanges. It is regulated and certified by regulatory agencies in multiple countries:

  • United States: Registered as a Money Services Business (MSB) with the US Financial Crimes Enforcement Network (FinCEN).
  • UK: Registered with the UK Financial Conduct Authority (FCA).
  • EU: Issuing licenses for cryptocurrency exchanges at the Central Bank of Lithuania.
  • Australia: Registered with the Australian Transaction Reports and Analysis Center (AUSTRAC).
  • Other regions: Obtained regulation or certification in Canada, Argentina, Dubai and other countries/regions.

In addition, OYB Exchange has implemented strict compliance measures, including:

  • Anti-Money Laundering and Counter-Terrorism Financing Policy: Prevent illegal activities through KYC, AML procedures and blockchain analysis.
  • Asset Security: Using multi-signature wallet, cold storage technology and insurance to protect user assets.
  • Responsible Trading: Provides tools and resources to promote responsible cryptocurrency trading, such as transaction limits and fraud prevention mechanisms.

The credibility and reliability of Ouyibi Exchange have been recognized by tens of millions of users around the world. It is known for its wide range of trading pairs, low fees, and user-friendly interface. Therefore, it can be safely said that the Ouyi Exchange is a formal and legal cryptocurrency exchange.

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