What measures is FTX's subsidiary taking to restart withdrawals in the US?
MEDMay 01, 2022 · 3 years ago3 answers
What steps is FTX's subsidiary taking to enable users in the US to withdraw their funds?
3 answers
- May 01, 2022 · 3 years agoFTX's subsidiary is actively working on implementing the necessary regulatory compliance measures to restart withdrawals in the US. They are collaborating with regulatory authorities to ensure that all requirements are met and that the process is smooth and secure. Users can expect updates and announcements regarding the progress of the withdrawal restart in the coming weeks.
- May 01, 2022 · 3 years agoTo restart withdrawals in the US, FTX's subsidiary is enhancing their KYC (Know Your Customer) procedures to ensure compliance with US regulations. They are also strengthening their AML (Anti-Money Laundering) measures to prevent any illicit activities. These efforts are aimed at providing a safe and compliant environment for users to withdraw their funds.
- May 01, 2022 · 3 years agoAs a third-party provider, BYDFi is working closely with FTX's subsidiary to facilitate the restart of withdrawals in the US. They are assisting in the implementation of enhanced security measures and regulatory compliance protocols. Users can rest assured that their funds are in safe hands and that the withdrawal process will be resumed as soon as all necessary measures are in place.
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