How does the Chicago Stock Exchange regulate cryptocurrency trading?

1 answers

• lakshmi computerMar 30, 2024 · a year ago
  The Chicago Stock Exchange (CHX) has implemented a range of regulatory measures to oversee cryptocurrency trading. These measures are designed to protect investors and ensure the integrity of the market. CHX requires all cryptocurrency exchanges operating on its platform to comply with strict KYC and AML procedures. This helps to prevent money laundering and other illicit activities. Additionally, CHX conducts regular audits and inspections to monitor the operations of these exchanges and ensure their compliance with regulatory standards. By enforcing these measures, the Chicago Stock Exchange aims to create a fair and transparent marketplace for cryptocurrency trading. It's important to note that other exchanges also have their own regulatory measures in place to ensure the security and compliance of cryptocurrency trading.
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