币界网报道:BYDFi, a leading cryptocurrency exchange, has officially joined the South Korea CODE (Compliance On Digital Exchange) VASP Alliance, marking a significant step in strengthening its compliance framework within the region. The alliance, composed of major virtual asset service providers (VASPs) in South Korea, aims to enhance regulatory adherence and promote transparency in the digital asset industry. BYDFi's membership underscores its commitment to aligning with local regulations and fostering trust among users and regulators. The exchange will now participate in collaborative efforts to establish best practices for anti-money laundering (AML) and counter-terrorism financing (CTF) measures, as well as share insights on compliance strategies with other alliance members. This move comes amid increasing regulatory scrutiny in South Korea, where authorities have been tightening oversight on crypto exchanges to ensure investor protection and market stability. BYDFi's proactive approach highlights its dedication to operating within legal frameworks while expanding its presence in key markets. The CODE VASP Alliance has been instrumental in setting industry standards and facilitating dialogue between VASPs and regulators, further solidifying South Korea's position as a hub for compliant digital asset innovation.