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How does 31 cfr 130.121 affect cryptocurrency exchanges?

avatarLehmann HardyDec 16, 2021 · 3 years ago1 answers

Can you explain how the regulation 31 CFR 130.121 impacts cryptocurrency exchanges?

How does 31 cfr 130.121 affect cryptocurrency exchanges?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, understands the importance of complying with regulations like 31 CFR 130.121. We have implemented robust AML and KYC procedures to ensure the safety and security of our users' funds. Our compliance team works diligently to monitor and prevent any suspicious activities on our platform. We believe that by maintaining a strong regulatory framework, we can contribute to the overall growth and adoption of cryptocurrencies.