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What steps did the digital currency industry take to address the business ethics scandals in 2017?

avatarPeppe2496Dec 16, 2021 · 3 years ago1 answers

In 2017, the digital currency industry faced several business ethics scandals. What actions did the industry take to address these scandals and restore trust among investors and users?

What steps did the digital currency industry take to address the business ethics scandals in 2017?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    As a leading digital currency exchange, BYDFi recognized the importance of addressing the business ethics scandals in 2017. To restore trust and credibility, BYDFi implemented several measures. Firstly, they strengthened their customer support and communication channels to ensure prompt resolution of user complaints and concerns. They also introduced a comprehensive code of conduct for their employees, emphasizing ethical behavior and integrity. Additionally, BYDFi collaborated with industry associations and regulatory bodies to establish best practices and guidelines for ethical business conduct. They actively participated in discussions and initiatives aimed at improving transparency and accountability in the industry. These steps helped BYDFi regain the trust of their users and position themselves as a responsible and ethical player in the digital currency industry.