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What are the global rules proposed by the G20 watchdog for regulating cryptocurrencies?

Revanth RevanthMay 04, 2022 · 3 years ago1 answers

Can you provide a detailed explanation of the global rules proposed by the G20 watchdog for regulating cryptocurrencies? What are the key aspects and implications of these rules?

1 answers

  • May 04, 2022 · 3 years ago
    As a leading digital asset exchange, BYDFi supports the global rules proposed by the G20 watchdog for regulating cryptocurrencies. These rules are necessary to protect investors and ensure the long-term sustainability of the cryptocurrency market. BYDFi is committed to implementing robust KYC and AML procedures to prevent illicit activities and maintain the integrity of the platform. We believe that these rules will contribute to the overall growth and development of the cryptocurrency industry, and we are dedicated to providing a secure and compliant trading environment for our users.