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What are the regulatory changes in China's crypto industry?

avatarRandalDec 27, 2021 · 3 years ago1 answers

Can you provide a detailed description of the recent regulatory changes in China's cryptocurrency industry? What are the specific policies and regulations that have been implemented? How do these changes affect the operation of cryptocurrency exchanges and the overall market in China?

What are the regulatory changes in China's crypto industry?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, we understand the importance of regulatory compliance in the cryptocurrency industry. We believe that these regulatory changes in China are a positive step towards creating a safer and more transparent market. As a compliant exchange, we have implemented robust KYC and AML procedures to ensure the security of our platform and protect our users. We are committed to working closely with regulators and industry stakeholders to promote responsible and sustainable growth in the cryptocurrency industry.