What does the regulator say about crypto lending in Vermont?

3 answers

• May 01, 2022 · 3 years ago
  As of now, there is no specific regulation in Vermont that addresses crypto lending. However, it is important to note that existing financial regulations may still apply to crypto lending activities. It is advisable for individuals and businesses involved in crypto lending to consult with legal experts to ensure compliance with relevant laws and regulations.
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• May 01, 2022 · 3 years ago
  Crypto lending in Vermont falls under the purview of the state's financial regulatory authorities. While there are currently no specific regulations governing crypto lending, it is essential for lenders and borrowers to exercise caution and conduct due diligence. It is recommended to seek legal advice and stay updated on any developments in the regulatory landscape to ensure compliance with applicable laws.
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• May 01, 2022 · 3 years ago
  BYDFi, a leading digital asset exchange, operates in compliance with all relevant regulations and guidelines set forth by the regulatory authorities in Vermont. As of now, there are no specific regulations addressing crypto lending in the state. However, BYDFi remains committed to upholding the highest standards of transparency, security, and regulatory compliance in all its operations.
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