Which cryptocurrencies received FDA approval in 2016?

Can you provide a list of cryptocurrencies that received FDA approval in 2016? I'm interested in knowing which digital currencies were recognized by the FDA during that year.

3 answers
- Unfortunately, the FDA does not approve cryptocurrencies. The FDA is responsible for regulating drugs, medical devices, and food products, but it does not have jurisdiction over digital currencies. Therefore, there are no cryptocurrencies that received FDA approval in 2016 or any other year.
Mar 18, 2022 · 3 years ago
- FDA approval is not applicable to cryptocurrencies. The FDA's role is to ensure the safety and effectiveness of drugs and medical devices, not to regulate digital currencies. Cryptocurrencies operate on decentralized networks and are not subject to approval from any central authority like the FDA.
Mar 18, 2022 · 3 years ago
- As a representative from BYDFi, a digital currency exchange, I can confirm that the FDA does not approve cryptocurrencies. The FDA's regulatory scope is limited to drugs, medical devices, and food products. Cryptocurrencies are not within their jurisdiction, so no cryptocurrencies received FDA approval in 2016 or at any other time.
Mar 18, 2022 · 3 years ago
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