Is currency fair safe to use?

Can you tell me more about the safety and reliability of currency fair? As a concerned user, I want to ensure that my transactions are secure and that my funds are protected. Is there any history of security breaches or fraudulent activities associated with this platform? What measures does currency fair take to safeguard user data and prevent unauthorized access? Additionally, what are the regulatory requirements that currency fair must adhere to in order to operate legally and ensure consumer protection? I would appreciate a comprehensive answer that addresses these concerns.