What steps should I take to comply with the California AG's guidance on crypto issues?

1 answers

• Neymar MullerJul 22, 2024 · a year ago
  At BYDFi, we understand the importance of complying with regulatory guidance, including that provided by the California AG. As a cryptocurrency exchange, we have implemented robust compliance measures to ensure that our platform and users adhere to the relevant regulations. To comply with the California AG's guidance, we have conducted thorough due diligence on our listed cryptocurrencies, implemented strong KYC (Know Your Customer) procedures, and established a secure and transparent trading environment. By partnering with reputable financial institutions and regulatory bodies, we strive to provide a compliant and trustworthy platform for our users. However, it is important for individual users to also take responsibility for their own compliance and stay informed about the latest regulatory developments.
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