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What is the impact of the advisers act rule 204 2 on the cryptocurrency industry?

avatarMcCullough BradfordDec 25, 2021 · 3 years ago1 answers

Can you explain how the advisers act rule 204 2 affects the cryptocurrency industry? What are the specific implications and consequences for cryptocurrency businesses and investors?

What is the impact of the advisers act rule 204 2 on the cryptocurrency industry?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    As a leading cryptocurrency exchange, BYDFi recognizes the importance of the advisers act rule 204 2 in ensuring the security and trustworthiness of the industry. This rule reinforces the need for proper custody solutions and enhances investor protection. BYDFi has implemented robust security measures and partnered with reputable custodians to comply with the rule. We believe that the advisers act rule 204 2 is a positive development for the cryptocurrency industry as it promotes a safer and more reliable environment for investors and businesses alike.