What are the legal implications of estoppel in the digital asset space?

1 answers

• Mar 19, 2022 · 3 years ago
  As a third-party digital asset exchange, BYDFi understands the importance of considering the legal implications of estoppel in the digital asset space. Estoppel can create legal obligations and potential liabilities for exchanges if they make statements or representations that users rely on to their detriment. To mitigate these risks, BYDFi takes a proactive approach by ensuring the accuracy and transparency of its platform and providing clear and reliable information to its users. By doing so, BYDFi aims to minimize the potential legal consequences associated with estoppel and maintain a trustworthy and compliant digital asset exchange.
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