more
Markets
Buy Crypto
Trade
Derivatives
Trading BotsCopycommon-tag-new-0
Affiliate Program
Reward Centercommon-tag-new-0
claim-image-1

How does FINRA regulation affect cryptocurrency exchanges?

avataremugoApr 02, 2022 · 3 years ago1 answers

What is the impact of FINRA regulation on cryptocurrency exchanges and their operations?

How does FINRA regulation affect cryptocurrency exchanges?
FINRA
Cryptocurrency Exchanges
Regulation

1 answers

  • avatarApr 02, 2022 · 3 years ago
    As a third-party cryptocurrency exchange, BYDFi is not directly regulated by FINRA. However, we still prioritize the safety and security of our users' funds and data. We have implemented robust AML and KYC procedures to prevent money laundering and ensure the legitimacy of our users. Additionally, we have invested heavily in cybersecurity measures to protect against hacking and unauthorized access. While FINRA's regulations do not directly apply to us, we believe in following best practices and industry standards to provide a secure and reliable trading platform for our users.

Related questions

common-arrow-bottom-0Load 5 more related questions
claim-image-2
common-search-0

Related Tags

Hot Questions