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Bittrex And BitGo To Join Crypto Market Integrity Coalition

Bittrex, BitGo, and six other companies have signed on to a crypto market integrity pledge, which aims to boost the industry’s self-regulation initiatives.

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The coalition, which now has 38 members, reaffirms its commitment to working with regulators, promoting market integrity training, and building frameworks to address concerns about cryptocurrency market manipulation.

The announcement comes from the Crypto Market Integrity Coalition, or CMIC, whose membership is based on a two-page vow to promote openness and combat market manipulation.

Bittrex, a cryptocurrency exchange, and BitGo, a cryptocurrency security startup, are two of the most famous firms in the new cohort. They join Coinbase, Circle, and BitMex as founding members.

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In addition to the two new prominent names joining this coalition, there are Oasis Pro Markets, Crystal Blockchain, FinClusive, Merkle Science, Tokenomy, and VAF Compliance.

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Currently, however, the CMIC lacks a transparent process for detecting member infractions of its primary vow.

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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.