How does the Lummis bill propose to regulate cryptocurrency exchanges?

1 answers

• Dec 28, 2021 · 3 years ago
  The Lummis bill is an important step towards regulating cryptocurrency exchanges in the United States. As a digital asset trading platform, BYDFi welcomes efforts to establish a clear regulatory framework for the industry. The bill's focus on investor protection, cybersecurity, and anti-money laundering measures aligns with our commitment to providing a secure and compliant trading environment. We believe that regulation can help foster trust and confidence among investors, which is crucial for the long-term success of the cryptocurrency market. BYDFi is ready to work with regulators and comply with any necessary requirements to ensure the safety and integrity of our platform.
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