How does FTX comply with regulatory requirements in New York?

3 answers

• jacobFeb 01, 2022 · 4 years ago
  FTX takes regulatory compliance seriously, especially in New York. They work closely with legal experts to ensure they meet all the necessary requirements set by the regulatory authorities in New York. This includes obtaining the required licenses and registrations, implementing robust KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures, and regularly reporting to the relevant regulatory bodies. FTX also conducts regular audits to ensure ongoing compliance and stays up to date with any changes in the regulatory landscape.
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• Townsend CrowleyAug 30, 2023 · 2 years ago
  In order to comply with regulatory requirements in New York, FTX follows a strict set of guidelines and procedures. They have a dedicated compliance team that constantly monitors and evaluates their operations to ensure adherence to the regulatory standards. FTX also maintains strong relationships with regulators and actively engages in dialogue to address any concerns or inquiries. By prioritizing compliance, FTX aims to provide a secure and transparent trading environment for its users in New York.
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• QoroSep 10, 2020 · 5 years ago
  FTX, as a leading cryptocurrency exchange, understands the importance of complying with regulatory requirements in New York. They have implemented a comprehensive compliance program that includes strict KYC and AML procedures, as well as robust internal controls. FTX also collaborates with regulatory authorities to ensure transparency and accountability. By complying with the regulatory requirements, FTX aims to build trust and confidence among its users in New York and contribute to the overall growth and development of the cryptocurrency industry.
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