Gate News Report, March 19 — UK financial broker GCEX Group’s subsidiary, GlobalBlock platform, announced the official launch of digital asset services for UK clients. The target audience includes high-net-worth individuals, family offices, asset management firms, and corporate clients. The platform offers over-the-counter cryptocurrency trading execution services, investment portfolio solutions, and digital asset settlement and invoicing tools for enterprise users. Underlying liquidity and infrastructure are provided by GCEX Group. Regarding compliance, the relevant financial promotion content has been approved by Archax Limited under the UK Financial Services and Markets Act Section 21’s crypto asset financial promotion regulatory framework. GlobalBlock and GCEX also stated that their crypto asset services are currently not directly regulated by the UK Financial Conduct Authority (FCA), as cryptocurrency activities are not yet within the scope of regulation in the UK.
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