Gemini, Chainalysis and 11 others join Crypto Market Integrity Coalition

The Crypto Market Integrity Coalition, an organization founded two months ago by 17 cryptocurrency exchanges, firms and industry associations worldwide,endorsed by members’ CEOs or chief compliance officers that : “We will integrate principles that uphold Market Integrity and Market Efficiency into our operations and business strategy.

Coinbase, BitMEX, Huobi Tech, Anchorage Digital, the Chamber of Digital Commerce and CryptoUK. Besides uniting the disparate crypto groups behind its business principles, the coalition plans to advance training programs and encourage a dialog with regulators. In addition, it will “consider data-sharing and shared-surveillance frameworks” among members.

New members of the coalition include Gemini, Robinhood Markets, Chainalysis, Elliptic, Kaiko and TRM Labs. New inductee Nexo in a statement that its involvement with CMIC “stands […] alongside our longstanding track record for proactive conversations with regulators globally, stringent platform security procedures, and extensive commitment to KYC and AML processes.”

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La source: Cointelegraph - 🏆 562. / 51 Lire la suite »

Shutdown of Russia's Hydra Market Disrupts a Crypto-Crime ATM'It has this dual function of being a drugs market and a service for cybercriminals—and particularly Russian cyber criminals.' More than just a market for illegal drugs, the dark web site allowed criminals to launder or cash out hundreds of millions. If something is named “Hydra”, maybe you target that first. So the Russian Silk Road? SilvermanJacob davidgerard Right but Silk Road was shut down years ago because of the exact same reasons. And this crap was allowed to exist until now?!?! People, teach your kids that life isn't fair and justice does not exist
La source: WIRED - 🏆 555. / 51 Lire la suite »

Crypto Markets Shed $100 Billion as Bitcoin Dumped to $44K (Market Watch)The crypto market cap is down by around $100 billion in a day, as bitcoin slipped to just over $44,000, and most altcoins are deep in red.
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