All kinds of risks are ultimately paid for by users HTX was recently targeted by UK regulators regarding this matter. What exactly happened is not important Potential compliance risks have begun to affect users' fund transfers between various exchanges, which is crucial When multiple platforms start prompting that HTX related addresses may trigger additional AML, compliance, or risk checks The user is only transferring money normally, or they may be required to provide additional materials, delayed in processing, or subject to system risk control due to the involvement of high-risk platforms in the fund path @Bybit_ZH is quite impressive in this regard. I haven't heard anything about compliance before. @ benbybit @ BybitMartin and they have indeed done a lot of compliance work Bybit holds legitimate licenses such as Dubai VARA and Kazakhstan AFSA Strict KYC/AML review is the guarantee that the platform will not be sanctioned or shut down, and it is also the moat for the security of user assets Bybit also officially stated that there have been no enforcement actions or significant compliance penalties involving AML/CFT in the past 5 years Bybit maintains defect free rating in global cryptocurrency exchange compliance ratings for 2024-2025 In the FATF peer review report, no critical deficiencies were identified in the reviews involving exchanges such as Bybit There are several compliance actions that can be publicly checked in the Bybit area UAE SCA's Virtual Asset Platform Operator License covers services such as virtual asset trading, brokerage, custody, and fiat currency exchange Kazakhstan AFSA license AFSA-A-LA-2024-0027, status active, scope includes fund services, custody, investment trading, management investment, and operation of digital asset trading facilities MiCAR CASP authorization from FMA Austria, covering customer custody and management of encrypted assets, exchange of encrypted assets and funds, exchange between encrypted assets, arrangement of encrypted asset issuance, and customer encrypted asset transfer services Dubai VARA's Provisional Non Operational Approval is a regulatory process node prior to full operational approval Putting these together, Bybit's compliance actions in major markets can KYC、AML、 The processes of address screening and funding source review will increase the threshold for use in the short term But they can reduce the probability of platforms being dragged down by high-risk funds, sanction risks, and regulatory penalties The platform bears the compliance cost first, and the probability of users paying for the platform later will decrease Convenience is the experience, compliance is the bottom line, only in this way can we grow bigger and stronger