Is Bitbuy regulated?

I'm curious about the regulatory status of Bitbuy. Could you please clarify whether Bitbuy is subject to any form of regulation? It's important for me to understand the legal framework surrounding this cryptocurrency exchange before I proceed with any transactions. Is Bitbuy registered with any financial authorities? Are there any specific rules or guidelines it must adhere to in order to operate within the industry? I'd appreciate it if you could provide some insight into this matter. Thank you.