Connect with us
Active Currencies 14909
Market Cap $2,416,558,347,385.20
Bitcoin Share 51.31%
24h Market Cap Change $4.38

Ripple and Coinbase execs co-chair Blockchain Association’s market integrity working group

1min Read

Share this article

The Washington D.C-based Blockchain Association launched the Market Integrity Working Group today. This initiative is meant to ensure greater transparency and provide a clear regulatory framework regarding cryptocurrency to consumers. The working group will be co-chaired by Breanne Madigan, Head of Global Institutional Markets at Ripple and Rachel Nelson, Senior Director, Associate General Counsel – Regulatory at Coinbase.

The lack of clear understanding regarding the regulations that govern the cryptocurrency market has become a major barrier to cryptocurrency adoption. For exchanges, the vague state-by-state regulatory frameworks in the United States creates barriers for new exchanges to enter the space. The group will address key areas of concern regarding poor mainstream and institutional adoption of digital assets.

The Market Integrity Working Group will focus on providing greater clarity regarding the integrity of cryptocurrency and the regulations surrounding it. In its announcement, the Blockchain Association stated

“Consumers and cryptocurrency exchanges deserve a clear regulatory framework, the establishment of which would ultimately enhance market integrity and drive consumer adoption of cryptocurrencies.”

Share

Jude Gerald Lopez is a full time News Editor at AMBCrypto covering the US and Indian market. He is a post-graduate in English literature with around 4 years of teaching experience in Indian literature.
Read the best crypto stories of the day in less than 5 minutes
Subscribe to get it daily in your inbox.
Please check the format of your first name and/or email address.

Thank you for subscribing to Unhashed.