BYDFi Compliance Update: Enhanced Oversight of Affiliate Activities in Relation to the Korean Market

BYDFi is committed to maintaining a robust global compliance framework and continuously reviewing its operations to align with applicable local laws and regulatory requirements across jurisdictions where it operates. As part of this commitment, BYDFi only markets, promotes, or makes its services available in jurisdictions where such activities are permitted under relevant regulatory standards.

In this context, BYDFi has taken note of recent public advisories and regulatory communications in certain jurisdictions, including Korea, which highlight risks associated with unlicensed virtual asset service providers and non-compliant marketing or brokerage activities directed at domestic users.

With respect to enhanced compliance efforts, BYDFi is implementing additional internal measures to strengthen oversight of affiliate and partner promotional activities. These measures are intended to prevent affiliates or partners from using referral links, commission-based arrangements, or promotional campaigns to specifically target Korean users in a manner that may not align with local regulatory expectations.

BYDFi will actively monitor affiliate and partner conduct across all promotional channels, including but not limited to social media platforms, messaging applications, websites, and other digital media. Where non-compliant activities are identified, BYDFi will take appropriate action in accordance with its internal compliance policies and the terms of the BYDFi Affiliate Program. Such actions may include, without limitation, suspension or termination of affiliate relationships, as well as restriction, adjustment, or removal of commission rewards, in whole or in part.

These measures apply to all affiliates, partners, and third parties whose promotional or marketing activities are specifically directed at the Korean market or Korean users, regardless of the channel or format used.

Affiliates and partners are strongly encouraged to review and comply with the applicable terms, conditions, and guidelines of the BYDFi Affiliate Program to ensure that all promotional activities are conducted in a lawful, responsible, and compliant manner.

BYDFi will continue to monitor global regulatory developments and take appropriate steps to uphold responsible industry practices, protect users, and mitigate risks associated with non-compliant virtual asset activities.

BYDFi Team