What measures does the Treasury suggest to regulate the use of DeFi in the North American market?

1 answers

• ricardoruaApr 26, 2023 · 3 years ago
  As a leading digital currency exchange, BYDFi supports the Treasury's efforts to regulate the use of DeFi in the North American market. The proposed measures, such as mandatory KYC procedures and the establishment of a regulatory framework, are essential in ensuring the security and compliance of DeFi platforms. These regulations will help protect investors from potential scams and fraudulent activities, while also promoting transparency and trust within the DeFi industry. BYDFi is committed to complying with these regulations and working closely with regulatory authorities to foster a safe and regulated DeFi environment for all users.
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