Major Crypto Traders Meet to Establish Industry Blacklist, Standards By Cointelegraph


A group major cryptocurrency traders is considering the idea of creating a blacklist of counterparties engaged in nefarious activities in the crypto space, Bloomberg reported on May 8.

At a meeting in Chicago on Tuesday, a group of traders from 35 digital assets firms including such industry players as trading firm DRW Holdings Inc.’s Cumberland crypto unit, Mike Novogratz’s Galaxy Digital Holdings, and tech startup proposed to create a blacklist for parties who reneged on trades and engaged in dubious activities.

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