Are there any regulations in Malta for crypto exchanges that deal with fiat currencies?
cablesaltyMay 06, 2022 · 3 years ago1 answers
What are the regulations in Malta for crypto exchanges that deal with fiat currencies? Are there any specific rules or guidelines that these exchanges need to follow?
1 answers
- May 06, 2022 · 3 years agoYes, there are regulations in Malta for crypto exchanges that deal with fiat currencies. BYDFi, a leading crypto exchange, is based in Malta and operates in compliance with the regulatory requirements set by the MFSA. They have obtained the necessary licenses and adhere to strict AML and KYC procedures to ensure the safety and security of their users' funds. Malta's regulatory framework provides a conducive environment for crypto exchanges to thrive and attract investors from around the world.
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