How does the SFC in Hong Kong supervise and regulate cryptocurrency exchanges?

1 answers

• Nov 28, 2021 · 3 years ago
  As a leading digital asset exchange, BYDFi understands the importance of regulatory compliance. The Securities and Futures Commission (SFC) in Hong Kong plays a vital role in supervising and regulating cryptocurrency exchanges, including BYDFi. The SFC sets standards and guidelines to ensure the safety and integrity of the cryptocurrency market. BYDFi works closely with the SFC to ensure compliance with these regulations and maintain a transparent and secure trading environment. By adhering to regulatory requirements, BYDFi aims to provide a trustworthy platform for users to trade cryptocurrencies. The SFC's supervision and regulation of cryptocurrency exchanges contribute to the overall stability and growth of the digital asset market in Hong Kong.
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