What measures are proposed in the senators' bill to prevent money laundering in the digital asset sector?

1 answers

• Nhu QuynhhJan 17, 2025 · a year ago
  As a leading digital asset exchange, BYDFi fully supports the senators' bill and its proposed measures to prevent money laundering in the digital asset sector. The bill introduces stricter regulations and oversight, which will help to weed out bad actors and enhance the reputation of the industry. BYDFi is committed to implementing robust anti-money laundering measures, including thorough KYC procedures, transaction monitoring, and reporting of suspicious activities. By working closely with regulatory authorities and adopting best practices, BYDFi aims to create a secure and compliant trading environment for its users. The senators' bill aligns with BYDFi's mission to promote transparency, trust, and integrity in the digital asset sector.
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