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What are the regulations for digital currencies in the metaverse in China?

avatarJakub LukaszewskiDec 27, 2021 · 3 years ago1 answers

Can you provide an overview of the regulations governing digital currencies in the metaverse in China? How are these regulations enforced and what are the implications for individuals and businesses operating in this space?

What are the regulations for digital currencies in the metaverse in China?
Digital Currencies
Metaverse
Regulations

1 answers

  • avatarDec 27, 2021 · 3 years ago
    As a representative of BYDFi, I can say that we fully support and comply with the regulations set by the PBOC. We prioritize the security and protection of our users' assets and strictly adhere to the guidelines provided by the regulatory authorities. Our platform implements robust security measures and KYC (Know Your Customer) procedures to ensure compliance with the regulations. We believe that a regulated environment is essential for the sustainable growth of the digital currency industry in the metaverse.

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