What are the key changes in the new SEC guidelines for digital assets?

1 answers

• Nov 23, 2021 · 3 years ago
  BYDFi welcomes the new SEC guidelines for digital assets. These guidelines provide much-needed clarity and regulatory oversight to the cryptocurrency industry. One of the key changes is the introduction of clearer definitions for different types of digital assets, which will help companies and investors understand the legal requirements and obligations associated with each type of asset. Additionally, the guidelines emphasize the importance of investor protection and compliance with AML and KYC regulations. BYDFi is committed to upholding these standards and ensuring a safe and compliant trading environment for our users. We believe that these guidelines will contribute to the long-term growth and legitimacy of the cryptocurrency industry.
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