Crypto's Wild West Traders Get Some Pointers From Financial Pros
- Report on best practices underscores security, data concerns
- Asifma’s Mark Austen: ‘We would like to see the sector mature’
Photographer: Bloomberg/Bloomberg
This article is for subscribers only.
If cryptocurrency markets want to move from the fringes of finance into the mainstream, they’ll need to make some changes.
That’s according to a new report on best practices for digital-asset exchanges, which have been dogged by everything from market manipulation to cyberthefts and questionable data. Authored by the Asia Securities Industry & Financial Markets Association, whose members include Goldman Sachs Group Inc. and BlackRock Inc., the report is the first of its kind by a major financial sector trade group.