13 companies joined the Crypto Market Integrity Coalition
Gemini, Robinhood Markets, Chainalysis, Elliptic, Kaiko, Nexo, TRM Labs, and others joined the organization
07.04.2022 - 12:25
250
1 min
0
What’s new? The Crypto Market Integrity Coalition (CMIC), founded in early 2022, announced that 13 new companies have joined. Gemini, Robinhood Markets, Chainalysis, Elliptic, Kaiko, Nexo, TRM Labs, and others have joined CMIC.
What is CMIC? The Coalition was founded with the aim of maintaining “the integrity and efficient functioning” of the crypto market. The group is designed to combat cryptocurrency manipulation and money laundering. CMIC was originally made up of 17 companies, including Coinbase, BitMEX, Huobi Tech, Anchorage Digital, and CryptoUK. In addition to bringing cryptocurrency organizations together, the coalition plans to promote training programs and maintain contact with regulators.
What had happened before? The EU banned anonymous cryptocurrency transactions. The users will have to reveal their identity for transfers above €1000. Also, US senators have begun work on the law on the regulation of cryptocurrencies. The new document will affect all areas, from taxation to consumer protection.
Useful material?
Incidents
Scammers took advantage of the former US president’s recent announcement of a real DeFi protocol
Sep 4, 2024
Technologies
The upgrade is aimed at implementing a new decentralized project governance system
Sep 2, 2024
Incidents
The company placed $2б4 billion in bonds maturing in 2026, but their value has fallen dramatically since the entrepreneur’s arrest
Aug 30, 2024
Incidents
In both cases, depending on the outcome of the investigations, the messenger could be blocked
Aug 29, 2024
Market
The project will offer a decentralized alternative to traditional banking services
Aug 29, 2024
Trends
Within a week of its launch, the platform managed to overtake its main competitor, Pump.fun on the Solana network
Aug 28, 2024