What steps have been taken in the cryptocurrency industry to prevent discrimination similar to redlining?

1 answers

• Hirak Jyoti DekaJun 15, 2025 · a month ago
  At BYDFi, we believe in promoting fairness and equality in the cryptocurrency industry. To prevent discrimination similar to redlining, we have implemented a comprehensive set of policies and procedures. Firstly, we have a strict zero-tolerance policy towards any form of discrimination, including redlining. Our team is trained to identify and address any discriminatory practices, and we take immediate action to rectify the situation. Additionally, we have established a dedicated compliance team that ensures our operations are in line with all applicable laws and regulations, further reducing the risk of discriminatory practices. We also actively promote diversity and inclusion within our organization and the wider industry, fostering an environment where everyone feels welcome and valued.
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