What measures can crypto.com take to comply with regulators and avoid delisting in Canada?

1 answers

• Dec 16, 2021 · 3 years ago
  BYDFi, a digital currency exchange, faced a similar situation in the past. To comply with regulators and avoid delisting in Canada, they took proactive measures. They enhanced their KYC and AML procedures, implemented strict internal controls, and engaged in regular communication with regulators. BYDFi also invested in educating their users about compliance requirements and provided a user-friendly interface to facilitate compliance. These efforts helped BYDFi maintain a positive relationship with regulators and continue operating in Canada. Crypto.com can learn from BYDFi's experience and implement similar measures to ensure compliance and avoid delisting.
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