SEC Indecision Prompts ‘Wall Street Kids’ To Appoint Their Own Crypto-Police7.64

SEC indecision has led companies including several Wall Street veterans to form the Association for Digital Asset Markets (ADAM). Advised by a former New York Stock Exchange CEO, the group are attempting to introduce an industry code of conduct.

The group, which includes Mike Novogratz’s Galaxy Digital, Hudson River Trading, and Symbiont, plan to clean up crypto’s image, Bloomberg reports. Its mission is to “foster fair and orderly digital asset markets where participants can transact with confidence.”

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