Major crypto firms and groups form coalition aimed at promoting ‘market integrity’ -Breaking
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A coalition of advocacy and cryptocurrency exchanges from different countries has been formed to combat market manipulation.
Solidus Labs, a market surveillance company, and several exchanges, including Bitstamp (NASDAQ:), BitMEX, and CrossTower, announced Monday. They would launch the Crypto Market Integrity Coalition (or CMIC), asking other crypto companies to follow their lead. According to the CMIC, members must pledge to encourage “a fair digital asset marketplace to combat market abuse and manipulation and promote public and regulatory confidence” in crypto.
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