As far as I know, Jiasheng is preparing for future changes, and increasing Cayman supervision over China customers. As we all know, only FCA was used as the regulator of Jiasheng in China. Although everyone recognizes FCA, this year FCA suddenly announced that it would adjust its leverage to 1: 50, which means that many investors who are willing to take risks cannot try higher leverage conditions. What should these investors do? At this time, it is actually very wise to add a highly leveraged Cayman supervision. Customers who invest in foreign exchange are very picky. In order to maintain a stable relationship with these customers and meet the regulatory requirements of more investors, Jiasheng has increased Cayman supervision. What is clear here is that Jiasheng provides investors with more choices, not mandatory requirements, and stable investment users can still choose FCA.
However, investors who have tried Cayman's supervision generally said that Cayman is still very strict in terms of capital security and supervision methods, which is not much different from FCA. After all, it is the regulator of the Cayman Islands, the fifth largest financial center in the world. It must be very authoritative and internationally recognized.