How could BitGold continue to stay on the right side of the law|Essay guru
Posted: January 30th, 2023
. How could BitGold continue to stay on the right side of the law?
3. How could BitGold market its services to users and merchants, both in Canada and abroad?
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How could BitGold continue to stay on the right side of the law|Essay guru
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SOLUTION
- To stay on the right side of the law, BitGold could comply with all relevant regulations and laws in the countries where it operates. This includes obtaining necessary licenses, following anti-money laundering and know-your-customer regulations, and reporting any suspicious activities.
- To market its services, BitGold could engage in online and offline advertising, partnership with merchants, and offer competitive pricing and rewards to users. The company could also provide educational resources to help users understand the benefits of using digital gold. BitGold could also expand its reach to new markets through strategic partnerships and localized marketing efforts.
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