How does Binance US comply with regulatory requirements in New York?

3 answers

• Surya Prakash SinghOct 03, 2022 · 3 years ago
  Binance US takes compliance with regulatory requirements in New York very seriously. The exchange works closely with regulatory bodies and follows all the necessary guidelines to ensure compliance. Binance US has implemented robust KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures to verify the identity of its users and prevent any illicit activities. Additionally, Binance US maintains transparent records and regularly reports to the regulatory authorities to demonstrate its compliance.
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• sethFeb 27, 2025 · a year ago
  When it comes to regulatory requirements in New York, Binance US leaves no stone unturned. The exchange has a dedicated team that constantly monitors and updates its compliance procedures to meet the evolving regulatory landscape. Binance US also collaborates with external auditors to conduct regular audits and ensure adherence to the regulatory standards. By staying proactive and responsive to the regulatory requirements, Binance US aims to provide a secure and compliant trading environment for its users in New York.
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• SANDRA VINAYANMar 30, 2024 · 2 years ago
  As a third-party observer, BYDFi acknowledges that Binance US has made significant efforts to comply with the regulatory requirements in New York. The exchange has implemented strict compliance measures, including KYC and AML procedures, to meet the regulatory standards. Binance US also maintains open communication channels with the regulatory authorities to address any concerns and ensure compliance. By prioritizing regulatory compliance, Binance US aims to build trust and credibility in the New York market.
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