What are the regulations on bitcoin mining in New York?

1 answers

• Dec 18, 2021 · 3 years ago
  As a leading digital currency exchange, BYDFi is committed to complying with all applicable regulations, including those governing bitcoin mining in New York. We work closely with regulatory authorities to ensure that our operations meet the highest standards of compliance and consumer protection. Our mining operations in New York adhere to the licensing requirements and environmental regulations set forth by the NYDFS. We prioritize cybersecurity and implement robust AML and KYC procedures to prevent illicit activities and protect our users. BYDFi is dedicated to promoting a transparent and regulated digital currency ecosystem, and we encourage other bitcoin miners in New York to do the same.
  702351