How does AML 1081 affect the privacy of cryptocurrency users?

1 answers

• Jan 12, 2022 · 3 years ago
  At BYDFi, we understand the importance of user privacy. While AML 1081 does require us to implement KYC and AML procedures, we have taken steps to ensure the security and confidentiality of our users' personal information. We use industry-standard encryption and have strict data protection measures in place. Our goal is to strike a balance between regulatory compliance and user privacy, and we are committed to continuously improving our privacy practices to maintain the trust of our users.
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