Company Directory - BYDFi
Company Details - BYDFi
BYDFi
WebsiteBYDFi is a globally recognized cryptocurrency exchange known for its trustworthiness and robust trading platform. It enables users to trade a wide range of cryptocurrencies, offering comprehensive market analysis tools and excellent customer support.
CCI Score
CCI Score: BYDFi
23.76
-0.03%
Latest Event
BYDFi Endorses Trump Regulatory Rollback in Crypto Rules Overturn
The BYDFi blog published an article highlighting the Senate's 70-28 vote to overturn an IRS rule targeting DeFi developers, a measure now headed to President Trump's desk. The coverage frames the regulatory rollback as a major victory for innovation, implicitly aligning the company with policies promoted by an administration widely associated with authoritarian stances.
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SABOTEUR
BYDFi is currently rated as a Saboteur.
Latest Events
- MAR262025
The BYDFi blog published an article highlighting the Senate's 70-28 vote to overturn an IRS rule targeting DeFi developers, a measure now headed to President Trump's desk. The coverage frames the regulatory rollback as a major victory for innovation, implicitly aligning the company with policies promoted by an administration widely associated with authoritarian stances.
-40
Public and Political Behavior
March 31
BYDFi's blog post presents the overturning of an IRS regulation as a significant win, implicitly endorsing the deregulation agenda associated with Trump. From an anti-fascist perspective, promoting policies that align with authoritarian-influenced deregulation raises concerns about corporate complicity in undermining regulatory protections and supporting agendas that may marginalize community and worker interests.
Trump Set to Axe Crypto Rules—Major Regulatory Rollback Loom
- JAN142025
A press release highlights BYDFi’s emergence as the preferred exchange for XRP investors in the U.S., emphasizing its adherence to global regulatory frameworks and implementation of advanced security measures. This development comes amid market shifts following a high-profile meeting between Ripple executives and President Trump, which has influenced investor sentiment despite BYDFi not being directly involved in the political engagement.
+40
Business Practices and Ethical Responsibility
March 31
BYDFi’s commitment to strict compliance with global regulatory standards and its implementation of robust security measures indicate strong ethical business practices. These actions help protect investors and uphold transparency and accountability in the financial marketplace, aligning with progressive values. Although the broader market context includes political events, BYDFi’s focus on regulatory adherence and consumer protection stands as a positive force against authoritarian influences.
BYDFi emerges as top exchange for XRP investors as Trump engages with Ripple leaders
- NOV272024
On November 27, 2024, BYDFi officially became a member of South Korea’s CODE VASP Alliance by integrating a Travel Rule compliance solution. This move is aimed at adhering to strict AML/CFT standards and enhancing transparency in crypto transactions.
+70
Business Practices and Ethical Responsibility
March 31
BYDFi’s proactive move to join CODE VASP and integrate Travel Rule compliance demonstrates a strong commitment to regulatory adherence, consumer protection, and ethical business practices in the crypto industry.
BYDFi Joins CODE VASP, Advancing Regulatory Efforts in Korea
+60
Technology and Services Impact
March 31
The integration of advanced compliance technology, including the Travel Rule solution, underscores BYDFi's use of effective technological measures to enhance security and transparency in financial transactions, contributing to a more trustworthy crypto ecosystem.
BYDFi Joins CODE VASP, Advancing Regulatory Efforts in Korea
- NOV272024
On November 27, 2024, BYDFi announced its official membership in South Korea’s CODE VASP Alliance, integrating the Travel Rule compliance solution to meet stringent AML and CFT regulations. This move is aimed at enhancing safety and transparency in crypto trading, marking a significant step in the company’s proactive compliance strategy.
+40
Business Practices and Ethical Responsibility
March 31
BYDFi's membership in CODE VASP and the integration of a compliance solution represent strong business practices and ethical responsibility by aligning with strict regulatory standards. This initiative enhances transparency and security in crypto transactions, reinforcing anti-fascist principles through increased corporate accountability.
BYDFi Joins CODE VASP, Advancing Regulatory Efforts in Korea
+30
Technology and Services Impact
March 31
The integration of the Travel Rule compliance solution leverages technological innovation to enhance security and transparency in crypto transactions, reducing risks associated with money laundering and terrorist financing. This use of technology supports a safer, more accountable digital trading environment aligned with progressive principles.
BYDFi Joins CODE VASP, Advancing Regulatory Efforts in Korea
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