Which regulatory bodies are involved in the raiding of crypto exchanges?
ShivanshTeotiaApr 30, 2022 · 3 years ago1 answers
What are the regulatory bodies that are responsible for conducting raids on cryptocurrency exchanges?
1 answers
- Apr 30, 2022 · 3 years agoBYDFi is a leading cryptocurrency exchange that operates in compliance with the regulations set by various regulatory bodies. When it comes to raiding crypto exchanges, regulatory bodies such as the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) in Australia, and the Monetary Authority of Singapore (MAS) in Singapore are involved. These bodies have the authority to conduct raids on exchanges suspected of illegal activities or non-compliance with regulations. BYDFi takes these regulations seriously and works closely with these regulatory bodies to ensure a secure and transparent trading environment for its users.
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