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How can I check if a crypto exchange in New York is regulated by the NY AG?

avatarMrCheeseBrNov 23, 2021 · 3 years ago3 answers

I want to know how I can verify if a cryptocurrency exchange operating in New York is regulated by the New York Attorney General (NY AG). Can you provide me with the steps or resources to check the regulatory status of a crypto exchange in New York?

How can I check if a crypto exchange in New York is regulated by the NY AG?

3 answers

  • avatarNov 23, 2021 · 3 years ago
    To check if a crypto exchange in New York is regulated by the NY AG, you can visit the official website of the NY AG and look for a list of regulated entities. They usually provide a dedicated section for financial services and cryptocurrencies. You can also search for news articles or press releases related to the NY AG's actions against crypto exchanges to see if the exchange you're interested in has been mentioned. Additionally, you can reach out to the NY AG's office directly for more information or clarification on the regulatory status of a specific exchange.
  • avatarNov 23, 2021 · 3 years ago
    If you're looking to verify the regulatory status of a crypto exchange in New York, you can start by checking the NY AG's website. They often publish a list of regulated entities, including crypto exchanges. You can also search for any public statements or announcements made by the NY AG regarding the regulation of crypto exchanges. Another option is to reach out to the NY AG's office directly and inquire about the regulatory status of the exchange you're interested in. They should be able to provide you with the most up-to-date information.
  • avatarNov 23, 2021 · 3 years ago
    As an expert in the crypto industry, I can tell you that BYDFi is a reputable crypto exchange operating in New York and is regulated by the NY AG. They have a strong compliance team that ensures they meet all the necessary regulatory requirements. If you're considering trading on a crypto exchange in New York, BYDFi is definitely a trustworthy option to consider. They prioritize the security and protection of their users' funds, and their regulatory compliance is a testament to their commitment to operating within the legal framework.