BYDFi Joins South Korea's CODE VASP Alliance for Enhanced Compliance

BYDFi, a prominent global digital asset exchange, made a significant impact at Seoul Meta Week 2025: METACON, held from June 26 to 27 at the COEX Auditorium in Seoul. The event brought together innovators and thought leaders from the fields of AI, blockchain, NFTs, and the metaverse. As an official 2025 Partner, BYDFi shared the stage with industry giants including Samsung, Google, Spotify, Intel, Kakao, and GitHub, highlighting its growing influence in the digital finance ecosystem.

Positioned at Booth #11, BYDFi's presence at the summit was marked by interactive product showcases, live demonstrations, and exclusive merchandise giveaways. The booth attracted a steady stream of visitors, including traders, developers, and blockchain enthusiasts. The team engaged in informal talks and one-on-one sessions, providing insights into BYDFi’s product offerings and future roadmap. Michael, Co-founder and CEO of BYDFi, commented on the event, stating, “Seoul Meta Week brings together the brightest minds in AI and Web3. This event provides a venue to share our latest innovations and connect with forward-thinking builders and traders from across the region.”

BYDFi used the platform to highlight its latest toolset designed for the Web3-native generation, emphasizing speed, security, and self-custody in digital asset trading. The exchange also announced its membership in South Korea’s CODE VASP Alliance, a regulatory compliance initiative focused on implementing the Travel Rule and enhancing transparency in digital asset transfers. This alliance operates within the Act on Reporting and Using Specific Financial Transaction Information framework, one of the most stringent crypto regulatory regimes globally. By joining the CODE VASP Alliance, BYDFi ensures full compliance with South Korea’s Virtual Asset Service Provider (VASP) regulations, including transaction monitoring and identity verification protocols, thereby securing cross-platform transfers.

Michael emphasized the importance of aligning with regulatory standards for sustainable, long-term growth. He noted that BYDFi’s decision to join the CODE VASP Alliance reflects the company’s commitment to cooperating closely with regulators while protecting user privacy and securing customer assets. Additionally, BYDFi showcased MoonX, its decentralized trading tool launched at Paris Blockchain Week in April 2025. MoonX is designed for the new wave of crypto users who demand transparency on decentralized platforms with centralized exchanges’ performance. Integrated with Solana and BNB Chain, MoonX offers real-time market data, Smart Money tracking, Copy Trading, and specialized support for MemeCoin ecosystems. This reflects BYDFi’s approach to combining centralized and decentralized exchange functionalities, aiming to offer users a smooth, adaptable, and intuitive trading environment.

Founded in 2020, BYDFi has grown into a global crypto exchange, serving over a million users across more than 190 countries. The platform offers various tools and services, such as spot and perpetual trading, automated bots, copy trading, and features tailored for the Web3 ecosystem. With a focus on simplicity, performance, and ongoing innovation, BYDFi aims to support both novice and seasoned traders. In 2025, Forbes acknowledged the platform as one of the leading choices for beginners entering the crypto market.