The Crypto Market Integrity Coalition nearly doubles in size in less than two months. It aims to make crypto markets more efficient and less prone to manipulation.
The Crypto Market Integrity Coalition, an organization founded two months ago by 17 cryptocurrency exchanges, firms and industry associations worldwide,endorsed by members’ CEOs or chief compliance officers that : “We will integrate principles that uphold Market Integrity and Market Efficiency into our operations and business strategy.
Coinbase, BitMEX, Huobi Tech, Anchorage Digital, the Chamber of Digital Commerce and CryptoUK. Besides uniting the disparate crypto groups behind its business principles, the coalition plans to advance training programs and encourage a dialog with regulators. In addition, it will “consider data-sharing and shared-surveillance frameworks” among members.
New members of the coalition include Gemini, Robinhood Markets, Chainalysis, Elliptic, Kaiko and TRM Labs. New inductee Nexo in a statement that its involvement with CMIC “stands […] alongside our longstanding track record for proactive conversations with regulators globally, stringent platform security procedures, and extensive commitment to KYC and AML processes.”
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