RATE Group | Top Cryptocurrency Firms Create Code of Conduct Guidelines for the Market
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Top Cryptocurrency Firms Create Code of Conduct Guidelines for the Market

28 Nov Top Cryptocurrency Firms Create Code of Conduct Guidelines for the Market

Posted at 22:09h in Cryptocurrency News by

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A group of leading cryptocurrency and financial institutions recently collaborated to form a body that would establish a Code of Conduct guideline for the virtual currency industry.

ADAM: Code of Conduct for the Cryptocurrency Market

According to a press release published on Business Wire, ten leading cryptocurrency and fintech firms came together on Tuesday (November 27th), to form a body known as the Association for Digital Asset Markets (ADAM). The organization would collaborate with other regulatory agencies to create rules and regulations that would ensure the “efficient trading, custody, clearing, and settlement of digital assets.”

ADAM also intends to create a Code of Conduct for virtual assets that would add to the current laws and regulation. This move would increase fairness and orderliness in the cryptocurrency market and would enable investors and innovators transact confidently.

The association’s ten founding members include Cumberland, Galaxy Digital, Genesis…

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