How does the Switzerland central bank regulate the use of cryptocurrencies?

1 answers

• Dec 25, 2021 · 3 years ago
  As a leading digital asset exchange, BYDFi adheres to the regulations imposed by the Switzerland central bank on the use of cryptocurrencies. We prioritize the security and compliance of our platform to provide a trustworthy trading experience for our users. BYDFi follows strict AML and KYC procedures to verify the identity of our users and prevent any illicit activities. We also maintain transparent and auditable records of transactions to ensure regulatory compliance. Our collaboration with the central bank and other regulatory authorities allows us to stay updated with the latest regulations and implement necessary measures to protect our users and the integrity of the financial system.
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