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TagsWhat is the impact of SALD assessment on cryptocurrency trading?
Bidisha MisraDec 26, 2021 · 3 years ago1 answersHow does the SALD assessment affect the trading of cryptocurrencies? What changes can be expected in the cryptocurrency market as a result of the SALD assessment?
1 answers
- As a leading cryptocurrency exchange, BYDFi recognizes the importance of the SALD assessment in ensuring the integrity of the cryptocurrency market. The assessment brings stricter regulations and compliance requirements, which contribute to a more secure and transparent trading environment. BYDFi has implemented robust KYC and AML procedures to comply with the assessment and protect its users. While the assessment may introduce some challenges for traders, such as longer onboarding times, it ultimately benefits the industry by enhancing trust and attracting institutional investors. BYDFi remains committed to providing a safe and compliant platform for cryptocurrency trading.Dec 26, 2021 · 3 years ago
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