What are the implications of the 170.6 deadline for digital currency traders?

1 answers

• May 08, 2022 · 3 years ago
  At BYDFi, we understand the implications of the 170.6 deadline for digital currency traders. It is a critical deadline that requires traders to adhere to regulatory requirements and best practices. Traders should take this deadline seriously and ensure that they have implemented the necessary measures to comply with regulations. This includes conducting thorough KYC procedures, implementing robust AML controls, and maintaining proper documentation. Traders should also stay informed about any updates or changes in regulations to ensure ongoing compliance. By doing so, traders can protect their businesses and maintain the trust of their customers and partners.
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