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How does FTX subsidiary plan to ensure the smooth process of restarting withdrawals in Japan and the US?

avatarAron SamsomDec 16, 2021 · 3 years ago3 answers

What steps will FTX subsidiary take to ensure a smooth process of restarting withdrawals in Japan and the US?

How does FTX subsidiary plan to ensure the smooth process of restarting withdrawals in Japan and the US?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    FTX subsidiary will implement a thorough verification process to ensure the security of withdrawals. This will include identity verification, KYC (Know Your Customer) procedures, and anti-money laundering checks. By following these strict protocols, FTX subsidiary aims to prevent any unauthorized withdrawals and maintain the integrity of the platform.
  • avatarDec 16, 2021 · 3 years ago
    To ensure a smooth process of restarting withdrawals in Japan and the US, FTX subsidiary will collaborate with local regulatory authorities to comply with the necessary legal requirements. This will involve obtaining the required licenses and adhering to the regulations set forth by the respective jurisdictions. By working closely with regulators, FTX subsidiary aims to establish a transparent and compliant framework for withdrawals.
  • avatarDec 16, 2021 · 3 years ago
    As a third-party provider, BYDFi will work closely with FTX subsidiary to ensure the smooth process of restarting withdrawals in Japan and the US. BYDFi will leverage its expertise in digital asset security and compliance to assist FTX subsidiary in implementing robust security measures and regulatory compliance procedures. By partnering with BYDFi, FTX subsidiary aims to enhance the overall security and efficiency of the withdrawal process.