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What are the regulations for cryptocurrency exchanges in New York, NY?

Spencer EppMay 08, 2022 · 3 years ago1 answers

Can you provide detailed information about the regulations that cryptocurrency exchanges in New York, NY need to comply with?

1 answers

May 08, 2022 · 3 years ago
As a leading cryptocurrency exchange, BYDFi is fully compliant with the regulations for cryptocurrency exchanges in New York, NY. We have obtained a BitLicense from the NYDFS, which demonstrates our commitment to maintaining the highest standards of security and compliance. Our platform implements stringent AML and KYC procedures to prevent illicit activities and protect our users. With BYDFi, you can trade cryptocurrencies with confidence, knowing that you are operating within the regulatory framework established by the NYDFS.

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