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What are the latest cryptocurrency laws in New York?

avatarCheval-RDec 16, 2021 · 3 years ago1 answers

Can you provide an overview of the most recent cryptocurrency laws in New York? What are the key regulations that individuals and businesses need to be aware of?

What are the latest cryptocurrency laws in New York?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, operates in compliance with the latest cryptocurrency laws in New York. We prioritize the security and protection of our users' funds and personal information. Our platform is fully licensed and regulated by the New York State Department of Financial Services (NYDFS), ensuring that we meet all the necessary requirements outlined in the BitLicense. We have implemented advanced security measures and strict KYC/AML procedures to prevent fraud and ensure a safe trading environment. Our team constantly monitors and adapts to any changes in the regulatory landscape to ensure full compliance. When trading on BYDFi, you can have peace of mind knowing that you are operating within the legal framework of New York's cryptocurrency laws.