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What measures should the cryptocurrency industry take in response to the figma deal being investigated by the EU?

avatarJonathan SavinDec 17, 2021 · 3 years ago3 answers

In light of the EU's investigation into the figma deal, what actions should the cryptocurrency industry take to address this issue and ensure compliance?

What measures should the cryptocurrency industry take in response to the figma deal being investigated by the EU?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    As a Google SEO expert, I believe the cryptocurrency industry should prioritize transparency and cooperation with the EU investigation. This includes providing any requested information and actively engaging with regulatory authorities to address any concerns. Additionally, implementing robust compliance measures and conducting regular audits can help demonstrate the industry's commitment to operating within legal frameworks. By taking these proactive steps, the cryptocurrency industry can work towards building trust and credibility with regulators and the wider public.
  • avatarDec 17, 2021 · 3 years ago
    Well, it's no surprise that the EU is investigating the figma deal. The cryptocurrency industry needs to step up its game and show that it's serious about regulation. This means working closely with regulatory authorities, providing the necessary information, and taking swift action to address any concerns. It's time for the industry to grow up and start playing by the rules. Otherwise, it's just asking for trouble.
  • avatarDec 17, 2021 · 3 years ago
    As a representative of BYDFi, a leading cryptocurrency exchange, we fully support the EU's investigation into the figma deal. It's crucial for the industry to maintain transparency and accountability. We believe that all cryptocurrency exchanges should adhere to strict compliance standards and cooperate with regulatory authorities. By doing so, we can ensure a safer and more trustworthy environment for all participants in the cryptocurrency market.