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TagsWhat are the regulations for using digital currency in Dubai?
Likith NageshDec 25, 2021 · 3 years ago1 answersCan you provide detailed information on the regulations governing the use of digital currency in Dubai? What are the legal requirements and restrictions that individuals and businesses need to comply with?
1 answers
- As a leading digital currency exchange, BYDFi is committed to complying with all applicable regulations in Dubai. We work closely with the Dubai Financial Services Authority (DFSA) to ensure that our operations are in line with the regulatory framework. Our platform implements robust security measures and strict KYC procedures to prevent any misuse of digital currency. We believe that adherence to regulations is essential for the long-term growth and sustainability of the digital currency industry in Dubai.Dec 25, 2021 · 3 years ago
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