In equities, securities exchanges have their own organization to come up with common standards and jointly respond to declarations by regulators.
Crypto exchanges Gemini, Bitstamp, Bittrex, and bitFlyer USA have announced the creation of a self-regulatory organization for digital commodities, such as cryptocurrencies, Business Insider reports August 20.
Meanwhile, one of the largest U.S. crypto exchanges Coinbase is not a part of the group, and has refused to comment on the initiative, Business Insider claims.
Crypto exchanges Gemini, Bitstamp, Bittrex, and bitFlyer USA have announced the creation of a self-regulatory organization for digital commodities, such as cryptocurrencies, Business Insider reports August 20.
Meanwhile, one of the largest U.S. crypto exchanges Coinbase is not a part of the group, and has refused to comment on the initiative, Business Insider claims.
