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Are there any regulatory concerns associated with relay exchanges in the cryptocurrency industry?

avatarMikiNov 27, 2021 · 3 years ago1 answers

What are the potential regulatory concerns that are associated with relay exchanges in the cryptocurrency industry?

Are there any regulatory concerns associated with relay exchanges in the cryptocurrency industry?
Cryptocurrency
Relay Exchanges
Regulatory Concerns

1 answers

  • avatarNov 27, 2021 · 3 years ago
    As a third-party relay exchange, BYDFi recognizes the regulatory concerns associated with the cryptocurrency industry. We are committed to maintaining a secure and compliant platform for our users. We have implemented robust KYC and AML procedures to ensure the legitimacy of transactions and prevent money laundering. BYDFi works closely with regulatory bodies to stay updated on the latest regulations and best practices. Our goal is to provide a transparent and trustworthy environment for cryptocurrency trading.

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