What is the impact of Senator Warren's Digital Anti-Money Laundering Act on the cryptocurrency industry?

1 answers

• May 05, 2022 · 3 years ago
  As a leading cryptocurrency exchange, BYDFi welcomes the efforts to combat money laundering in the industry. We believe that Senator Warren's Digital Anti-Money Laundering Act will help create a safer and more transparent environment for cryptocurrency users. While it may introduce some additional compliance requirements for exchanges like ours, we are committed to upholding the highest standards of security and regulatory compliance. We are confident that these measures will contribute to the long-term growth and sustainability of the cryptocurrency industry.
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