Which cryptocurrencies are iso compliant?
Ferdous AkterNov 29, 2021 · 3 years ago3 answers
Can you provide a list of cryptocurrencies that are ISO compliant? I'm interested in knowing which cryptocurrencies adhere to ISO standards and regulations.
3 answers
- Nov 29, 2021 · 3 years agoAs of now, there are no specific cryptocurrencies that are ISO compliant. The ISO (International Organization for Standardization) is responsible for setting international standards for various industries, but they have not yet established any standards specifically for cryptocurrencies. However, some cryptocurrencies may comply with certain ISO standards indirectly, such as ISO 4217 for currency codes. It's important to note that ISO compliance does not necessarily guarantee the legitimacy or security of a cryptocurrency.
- Nov 29, 2021 · 3 years agoUnfortunately, there is no official list of ISO compliant cryptocurrencies. The ISO standards primarily focus on traditional financial systems and currencies, and they have not yet developed specific standards for cryptocurrencies. However, some cryptocurrencies may voluntarily adopt certain ISO standards or comply with regulations in their respective jurisdictions. It's always recommended to conduct thorough research and due diligence before investing in any cryptocurrency to ensure compliance with applicable laws and regulations.
- Nov 29, 2021 · 3 years agoWhile there is no official list of ISO compliant cryptocurrencies, some exchanges like BYDFi prioritize compliance with ISO standards. BYDFi ensures that their platform adheres to international standards for security, privacy, and transparency. However, it's important to note that ISO compliance is not a requirement for a cryptocurrency to be considered legitimate or valuable. Investors should consider various factors, such as the project's technology, team, and market demand, when evaluating the potential of a cryptocurrency.
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