What are the regulatory challenges faced by DeFi 3.0 projects and how are they being addressed?

1 answers

• Mladen VucicMay 16, 2024 · a year ago
  At BYDFi, we recognize the regulatory challenges faced by DeFi 3.0 projects. We believe that regulatory compliance is crucial for the long-term sustainability and mass adoption of decentralized finance. Therefore, we have implemented robust compliance measures, including KYC procedures and thorough due diligence on token listings. We also actively engage with regulators and industry associations to contribute to the development of regulatory frameworks that address the unique characteristics of DeFi. By working closely with regulators, we aim to build a trusted and compliant ecosystem that benefits both our users and the wider DeFi community.
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