🤠 Wall Streeters who rushed to crypto create sheriff for Wild West

Cryptocurrency players including DRW’s Cumberland trading platform and Mike Novogratz’s Galaxy Digital merchant bank have banded together to draft a set of best practices for the crypto industry. Through the newly formed Association for Digital Asset Markets, the ten founding members intend to develop “rules for the efficient trading, custody, clearing, and settlement of digital assets,” according to a statement on Tuesday.

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