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08/01/2024 |
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<br/>
Hi Sarah,
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It is important for you to be aware of the latest FCA Financial Promotions rules that come into effect
<b>
<u>
today
</u>
.
</b>
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From today, all UK users are required to complete two new tasks in order to continue using their Coinbase account as normal, including to make any new trades.
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UK users must complete
<b>
both
</b>
tasks. These will provide us with the information necessary for us to assess your level of investment knowledge and confirm that you understand the risks associated with investing in crypto assets, which are considered high-risk investments by the FCA.
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<b>
If you have already completed these tasks then you can disregard this message.
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Complete required tasks
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<td align="left" class="whitetext" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; -webkit-text-size-adjust: none; color: #0A0B0D; font-family: Coinbase Sans, 'Inter', Arial, sans-serif; font-size: 16px; font-weight: 400; line-height: 24px; text-decoration: none !important;" valign="top">
<strong style="font-weight: bold !important;">
<br/>
Task 1: Customer Categorisation declaration
</strong>
<br/>
Customer Categorisation requires you to select which type of investor you are. Whether you're a seasoned investor or brand new to crypto, your response helps us make sure our products and services are tailored to you.
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<td align="left" class="whitetext" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; -webkit-text-size-adjust: none; color: #0A0B0D; font-family: Coinbase Sans, 'Inter', Arial, sans-serif; font-size: 16px; font-weight: 400; line-height: 24px; text-decoration: none !important;" valign="top">
<strong style="font-weight: bold !important;">
Task 2: Complete the Appropriateness Assessment
</strong>
<br/>
The Appropriateness Assessment is essential for helping us ensure that you're equipped to make informed investment decisions.
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You can complete these tasks on web or on the Coinbase app. If you fail the Appropriate Assessment you will be able to retake immediately, however every subsequent reattempt will be limited to once every 24 hours.
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Make sure you also check out our Crypto 101 Guide, a 2-minute read that covers the essential topics you need to know, the key differences between crypto and traditional stocks, and the user protections that exist for crypto investors in the UK.
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<a class="pdT_12" style="-webkit-text-size-adjust: none; text-decoration: none; color: #3773F5; padding-top: 15px; padding-bottom: 15px;" target="_blank">
<u>
Read our Crypto 101 Guide
</u>
⟶
</a>
</td>
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<td align="left" class="whitetext" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; -webkit-text-size-adjust: none; color: #0A0B0D; font-family: Coinbase Sans, 'Inter', Arial, sans-serif; font-size: 16px; font-weight: 400; line-height: 24px; padding-top: 20px; text-decoration: none !important;" valign="top">
<b>
Why do I need to provide more information?
</b>
<br/>
</td>
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<td align="left" class="whitetext" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; -webkit-text-size-adjust: none; color: #0A0B0D; font-family: Coinbase Sans, 'Inter', Arial, sans-serif; font-size: 16px; font-weight: 400; line-height: 24px; padding-top: 20px; text-decoration: none !important;" valign="top">
We need this additional information to ensure we are meeting UK investor protection standards, which require our users to have the necessary knowledge to make informed investment decisions. This process is also part of Coinbase’s commitment to working collaboratively with local regulators so that we can best serve our users now and in the future.
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If you have any additional questions or concerns regarding your Coinbase account, please visit our
<a style="-webkit-text-size-adjust: none; text-decoration: none; color: #3773F5;">
<u>
Help Centre
</u>
</a>
or contact
<a style="-webkit-text-size-adjust: none; text-decoration: none; color: #3773F5;">
<u>
customer support
</u>
</a>
.
<br/>
<br/>
Kind regards,
<br/>
The Coinbase UK Team
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10 months, 2 weeks ago - info@mail.coinbase.com
New UK Regulations: Action required
Important information regarding your account. 08/01/2024 | View Online Additional information req...