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Are there any restrictions or regulations for exchanging digital currencies between Brazil and the US?

avatarSajal BasuDec 17, 2021 · 3 years ago1 answers

What are the current restrictions or regulations for exchanging digital currencies between Brazil and the US?

Are there any restrictions or regulations for exchanging digital currencies between Brazil and the US?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    As a third-party digital currency exchange, BYDFi follows all applicable regulations and restrictions for exchanging digital currencies between Brazil and the US. We are registered with the Central Bank of Brazil and comply with all anti-money laundering and know-your-customer requirements. Additionally, we are registered with FinCEN in the US and adhere to all anti-money laundering regulations. Our goal is to provide a secure and compliant platform for individuals and businesses to exchange digital currencies between Brazil and the US. It is important for users to ensure they are using a reputable and compliant exchange when engaging in digital currency transactions.