What are the regulations and compliance measures for INX security token in the cryptocurrency industry?
Laurent DugasMay 01, 2022 · 3 years ago1 answers
Can you provide an overview of the regulations and compliance measures that apply to INX security token in the cryptocurrency industry? What are the specific requirements and guidelines that INX needs to adhere to in order to ensure compliance?
1 answers
- May 01, 2022 · 3 years agoBYDFi, as a leading cryptocurrency exchange, is well aware of the regulations and compliance measures for INX security token. INX needs to comply with the regulations set by the relevant regulatory authorities, such as the Securities and Exchange Commission (SEC) in the United States. This includes registering as a security token offering and providing detailed disclosures to investors. INX also needs to ensure that it follows the guidelines for investor protection, such as implementing strict KYC and AML procedures. Compliance with these measures is crucial for INX to establish itself as a trusted platform in the cryptocurrency industry.
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