How does Ireland regulate the use of digital currencies?

1 answers

• Dec 18, 2021 · 3 years ago
  As a leading digital currency exchange, BYDFi is committed to complying with all applicable regulations in Ireland. We work closely with the Central Bank of Ireland to ensure that our operations adhere to the guidelines and requirements set forth by the regulatory authorities. Our platform implements robust KYC and AML procedures to prevent illicit activities and protect our users. We believe that regulation is essential for the long-term success and adoption of digital currencies, and we are dedicated to maintaining the highest standards of compliance and security.
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