Yes, EEX is legal. The exchange is registered with the Seychelles and approved by its Monetary Authority and has implemented multiple compliance initiatives including AML/KYC procedures, regular audits, international compliance standards and cooperation with law enforcement agencies. Currently, Ouyi is subject to supervision or operating licenses in Seychelles, Dubai, Malta, Japan and other places. However, it is recommended to check the laws and regulations of a specific region before use, as OUYI may be restricted or prohibited in some countries/regions.
Is EuroExchange legal?
Oyi Exchange, formerly known as OKX, is one of the world's leading digital asset exchanges. The issue of its legality has always attracted much attention.
Basics of legality
European Exchange is registered in the Seychelles Islands and approved by the Seychelles Financial Services Authority (FSA). Seychelles is one of the countries that provides a regulatory framework for cryptocurrency exchanges. This regulatory framework provides certain legal guarantees for Ouyi's operations.
Compliance Initiatives
European Exchange has adopted a variety of compliance measures, including:
Regulatory status
Currently, Eureka Exchange is regulated or licensed to operate in the following countries and regions:
In other countries and regions, the legality of OUYI may vary depending on local regulations. It is recommended to check the laws and regulations of a specific region before using OUYI services.
Security and Reputation
European Exchange has good security and reputation. The platform employs multiple layers of security including cold storage, two-factor authentication and regular security audits. OuYi also rarely has major security breaches or violations.
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