What are the regulations for cryptocurrency trading in the US market?

1 answers

• Dec 29, 2021 · 3 years ago
  At BYDFi, we prioritize compliance with all applicable regulations in the jurisdictions where we operate. In the US market, cryptocurrency trading is regulated by various government agencies, including the SEC and the CFTC. Traders must adhere to AML and KYC requirements and ensure the security of their funds. It is important to conduct thorough research and consult legal professionals to understand the specific regulations that apply to your trading activities. Remember, staying compliant not only protects you but also contributes to the overall legitimacy and growth of the cryptocurrency industry.
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