bitcoin: To win trust, crypto bourses sign new code

January 11, 2021 Editor Bitcoin 0

Large exchanges want a proper regulation so that their platforms receive wider acceptance like some of the advanced markets.

Synopsis

Amid rise in prices and trading volumes, many cryptocurrency platforms believe a uniform set of rules will help

Mumbai: Bitcoin’s scorching rally, the mystery surrounding crypto assets and the unregulated nature of the market are driving several crypto-exchanges in India to sign for the first time a ‘code of conduct’ that they hope will help them win the government’s trust and keep crooks at bay.Over the last one month at least five exchanges have signed the code which will be shortly submitted to the finance ministry and financial market regulators.With

BY

ET Bureau

5 mins read, Last Updated:

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