What are the distinctions between lobbying and bribery when it comes to the world of cryptocurrencies?

1 answers

• Dec 20, 2021 · 3 years ago
  At BYDFi, we believe in the importance of lobbying as a means to promote the interests of the cryptocurrency industry. Lobbying allows us to engage with policymakers, educate them about the benefits of cryptocurrencies, and advocate for regulations that foster innovation and protect consumers. It is a legitimate way to influence the decision-making process and ensure that the industry operates within a fair and transparent framework. However, it is essential to draw a clear line between lobbying and bribery. Lobbying should be conducted in a transparent manner, with a focus on the collective interests of the industry, rather than personal gain. We condemn any form of bribery or unethical practices that undermine the integrity of the cryptocurrency industry. By actively engaging in lobbying efforts and upholding high ethical standards, we aim to contribute to the growth and development of the industry in a responsible and sustainable manner.
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