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Could you please elaborate on whether BingX is considered a regulated Money Service Business (MSB) exchange? Given the evolving nature of <a href="https://www.btcc.com/en-US" title="cryptocurrency">cryptocurrency</a> regulations, it's crucial to ensure that platforms like BingX adhere to the necessary legal and compliance standards. MSB status typically involves adhering to a set of rules and regulations, including anti-money laundering (AML) and know-your-customer (KYC) procedures. Could you clarify if BingX has obtained such a status and if so, which regulatory bodies it is registered with? This information is paramount for users to assess the safety and legitimacy of the exchange.
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