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What steps is the subsidiary taking to restart withdrawals in Japan?

avatarArcher VilladsenDec 17, 2021 · 3 years ago3 answers

Can you provide more details on the actions being taken by the subsidiary to resume withdrawals in Japan? What measures are they implementing to ensure a smooth and secure withdrawal process for users?

What steps is the subsidiary taking to restart withdrawals in Japan?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    The subsidiary is taking several steps to restart withdrawals in Japan. Firstly, they are working closely with regulatory authorities to ensure compliance with local laws and regulations. They are also conducting a thorough review of their internal systems and security protocols to identify any potential vulnerabilities. Additionally, they are implementing enhanced user verification procedures to prevent unauthorized access to user accounts. These measures are being taken to prioritize the safety and security of user funds and to restore confidence in the withdrawal process.
  • avatarDec 17, 2021 · 3 years ago
    The subsidiary is actively working towards restarting withdrawals in Japan. They have engaged in discussions with local banking partners to establish reliable channels for fund transfers. They are also conducting extensive testing of their withdrawal systems to ensure smooth and efficient processing. By collaborating with industry experts and leveraging their experience in other markets, they are taking a proactive approach to address any potential challenges and provide a seamless withdrawal experience for Japanese users.
  • avatarDec 17, 2021 · 3 years ago
    As an independent third party, BYDFi is unable to provide specific details on the steps being taken by the subsidiary to restart withdrawals in Japan. However, it is important to note that the subsidiary is committed to resolving the withdrawal issue and has been actively communicating with users to keep them informed of the progress. They understand the urgency of the situation and are working diligently to restore full functionality as soon as possible.