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What are the legal implications of estoppel in the digital asset space?

avatarF17Dec 16, 2021 · 3 years ago1 answers

What are the potential legal consequences or liabilities associated with the concept of estoppel in the context of digital assets?

What are the legal implications of estoppel in the digital asset space?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    As a third-party digital asset exchange, BYDFi understands the importance of considering the legal implications of estoppel in the digital asset space. Estoppel can create legal obligations and potential liabilities for exchanges if they make statements or representations that users rely on to their detriment. To mitigate these risks, BYDFi takes a proactive approach by ensuring the accuracy and transparency of its platform and providing clear and reliable information to its users. By doing so, BYDFi aims to minimize the potential legal consequences associated with estoppel and maintain a trustworthy and compliant digital asset exchange.