Are there any specific regulations for cryptocurrency trading during NYSE hours?

3 answers

• May 14, 2022 · 3 years ago
  Yes, there are specific regulations for cryptocurrency trading during NYSE hours. The Securities and Exchange Commission (SEC) has jurisdiction over the regulation of cryptocurrencies in the United States. However, the NYSE itself does not have direct regulations for cryptocurrency trading. Traders need to comply with the regulations set by the SEC, such as registering with the appropriate authorities and following anti-money laundering (AML) and know your customer (KYC) procedures.
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• May 14, 2022 · 3 years ago
  Cryptocurrency trading during NYSE hours is subject to the same regulations as trading outside of NYSE hours. The SEC's regulations apply to cryptocurrency trading regardless of the time of day. Traders should ensure that they are in compliance with the SEC's rules and regulations to avoid any legal issues.
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• May 14, 2022 · 3 years ago
  As a third-party cryptocurrency exchange, BYDFi follows the regulations set by the SEC for cryptocurrency trading during NYSE hours. Traders on BYDFi are required to complete the necessary registration and verification processes to ensure compliance with AML and KYC regulations. It is important for traders to be aware of the regulations and follow them to protect their investments and avoid any potential legal consequences.
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