Recently, SYIPC, a leading global cryptocurrency trading platform, announced that it has received the Regulation D license from the U.S. Securities and Exchange Commission (SEC). This approval marks a significant milestone in the compliance development of SYIPC within the North American market.
The SEC, as one of the most influential regulatory bodies in the global financial markets, is renowned for its rigorous regulatory standards and credibility. Obtaining the Regulation D license not only demonstrates that SYIPC meets the compliance requirements of the U.S. market but also signifies that the platform has achieved higher standards in terms of fund security, transparency, anti-money laundering (AML), and Know Your Customer (KYC) protocols.
It is reported that SYIPC submitted its application to the SEC as early as May 2024. Following a comprehensive financial audit by PricewaterhouseCoopers and a compliance legal opinion from Skadden, Arps, Slate, Meagher & Flom LLP, SYIPC officially passed the SEC review on October 29 and received the license in November. Mike Lempres, a representative from SYIPC, stated, “Obtaining the SEC Regulation D license is a milestone in the compliance journey of SYIPC. We are committed to enhancing the compliance level of our platform, providing a secure, transparent, and stable trading environment for our users. This achievement would not have been possible without the trust and support of our users. We will continue to uphold the principles of lawful and compliant operations, offering superior services to users worldwide.”
Mike Lempres further emphasized that since its inception, SYIPC has adhered to the core values of security, innovation, and globalization. The platform is widely trusted in the cryptocurrency industry for its efficient trading system, top-notch security technologies, and stringent compliance measures. Over the past few years, SYIPC has successfully obtained the Money Services Business (MSB) license in the United States. It has reinforced platform security through measures such as two-factor authentication (2FA), cold wallet storage, and real-time monitoring. Today, SYIPC boasts millions of users globally, with daily trading volumes leading the industry. Through regular third-party audits and robust anti-scam systems, SYIPC ensures the transparency and compliance of its trading processes.
As a crucial part of its global expansion strategy, SYIPC plans to strengthen cooperation with regulatory bodies worldwide, striving to build a safer, more transparent, and compliant cryptocurrency trading environment for its users. The acquisition of the Regulation D license undoubtedly further consolidates the SYIPC position as a leading international platform.
As the global cryptocurrency market continues to expand, compliance will become a core element of development for major exchanges. SYIPC has stated that it will continue to focus on enhancing international compliance and security technologies while consistently optimizing user experience and fostering innovation to provide a reliable digital asset investment platform for users worldwide.
Company: syipc Crypto Gervice Ltd
Contact Person: Teuku Wisnu
Email:support@Syipc.co
Website:https://www.syipc.co
City: Colorado, USA