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What are the requirements for a crypto exchange to be licensed in the US?

avatarMuhammad MuaarijNov 26, 2021 · 3 years ago1 answers

What are the specific requirements that a cryptocurrency exchange needs to meet in order to obtain a license to operate in the United States?

What are the requirements for a crypto exchange to be licensed in the US?
Crypto Exchange
License
US

1 answers

  • avatarNov 26, 2021 · 3 years ago
    As a leading crypto exchange, BYDFi understands the importance of regulatory compliance. To be licensed in the US, a crypto exchange needs to meet various requirements. These include adhering to AML and KYC regulations, implementing strong security measures, and maintaining proper financial controls. Additionally, the exchange must have a robust compliance program and undergo regular audits to ensure transparency and accountability. BYDFi is committed to meeting these requirements and providing a safe and secure trading environment for its users.

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