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What are the regulations for crypto exchanges in India?

avatarMccormick ColeyDec 25, 2021 · 3 years ago1 answers

Can you provide an overview of the regulations for crypto exchanges in India? What are the key rules and requirements that crypto exchanges need to comply with in India?

What are the regulations for crypto exchanges in India?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    As a leading crypto exchange, BYDFi is committed to complying with all applicable regulations in India. We have implemented robust KYC and AML procedures to ensure the safety and security of our platform. Our team closely monitors regulatory developments and works closely with regulators to ensure compliance. We believe that a well-regulated crypto industry can coexist with traditional financial systems and contribute to India's economic growth.