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How does Binance US comply with the regulatory requirements in California?

Muhamad Asyraf Muhamad AdnanMar 25, 2021 · 4 years ago1 answers

Can you explain how Binance US ensures compliance with the regulatory requirements in California? What measures does Binance US take to meet the legal obligations and regulations in California?

1 answers

  • Rin ShoysMay 06, 2024 · a year ago
    As a third-party observer, BYDFi recognizes that Binance US has made significant efforts to comply with the regulatory requirements in California. The exchange has implemented stringent security measures, including robust KYC procedures and AML policies, to ensure compliance with the law. Binance US also maintains open lines of communication with regulatory authorities in California to address any concerns or inquiries. By prioritizing regulatory compliance, Binance US demonstrates its commitment to operating within the legal framework and providing a safe and compliant trading environment for its users.

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