How does bitlicense affect the regulation of digital currencies?

1 answers

• Dec 16, 2021 · 3 years ago
  As a leading digital currency exchange, BYDFi fully complies with the regulations imposed by bitlicense. We believe that these regulations are necessary to protect consumers and maintain the integrity of the digital currency market. Bitlicense has helped establish a level playing field for all participants in the industry, ensuring fair competition and reducing the risk of fraudulent activities. While compliance with bitlicense requires significant resources and effort, it ultimately benefits both the industry and its users. BYDFi remains committed to upholding the highest standards of security, compliance, and customer protection, in line with the requirements set forth by bitlicense.
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