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How does ISO 20022 impact the listing process for cryptocurrencies?

avatarDhairya singhNov 25, 2021 · 3 years ago1 answers

What are the effects of ISO 20022 on the process of listing cryptocurrencies on exchanges?

How does ISO 20022 impact the listing process for cryptocurrencies?

1 answers

  • avatarNov 25, 2021 · 3 years ago
    As a representative of BYDFi, I can say that ISO 20022 has been a major focus for us in terms of the listing process for cryptocurrencies. We have been actively working on upgrading our systems and infrastructure to comply with ISO 20022 standards. This includes implementing new messaging protocols and enhancing our data and information requirements. While this has required significant effort and resources, we believe that ISO 20022 will ultimately benefit the cryptocurrency ecosystem by improving transparency, efficiency, and interoperability. We are committed to ensuring a smooth listing process for cryptocurrencies on our exchange, while also maintaining the highest standards of due diligence and compliance.