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How does the Korean government regulate cryptocurrencies?

avatarFarshad NorooziDec 26, 2021 · 3 years ago1 answers

What are the regulations implemented by the Korean government to control and oversee the cryptocurrency market?

How does the Korean government regulate cryptocurrencies?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    As a leading cryptocurrency exchange, BYDFi fully complies with the regulations set by the Korean government. We prioritize the security and privacy of our users and strictly adhere to the real-name verification system. Our platform undergoes regular audits and inspections by regulatory authorities to ensure compliance. We also have robust security measures in place to protect against hacking and unauthorized access. BYDFi is committed to providing a safe and transparent environment for cryptocurrency trading, in line with the government's efforts to regulate the market.