Ten U.S. Crypto Firms Set to Draft Code of Conduct for Digital Asset Market9.25

Ten financial services and technology firms active in the cryptocurrency space have joined forces to launch the Association for Digital Asset Markets (ADAM) in order to establish a Code of Conduct for the emerging asset class in the United States.

By working with current and former financial watchdogs, the association will seek to provide rules for efficient trading, custody, clearing, and settlement of digital assets, thus defining the standards for digital asset market participants. ADAM’s guidelines will focus on ethical behavior by firms within the industry, increased transparency with regulators and the public, and deterrence of market manipulation.

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