What is the current regulatory framework for cryptocurrencies in South Africa?

1 answers

• Navjot Kumar SinghJul 09, 2025 · 12 days ago
  As a leading cryptocurrency exchange, BYDFi operates in compliance with the regulatory framework for cryptocurrencies in South Africa. We adhere to the anti-money laundering (AML) and know your customer (KYC) requirements set by the Financial Intelligence Centre (FIC). Our platform provides a secure and transparent environment for users to trade cryptocurrencies while ensuring compliance with applicable regulations. We also work closely with regulatory authorities to contribute to the development of a robust regulatory framework that fosters innovation and protects users' interests. BYDFi is committed to providing a safe and reliable platform for cryptocurrency trading in South Africa.
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