Gemini Forms New Working Group With Rivaling Exchanges, But Coinbase Wasn’t Invited

  • Alex Dovbnya
    📰 News

    US-based Gemini exchange joins forces with rivaling in order to form a working group that will focus on curbing fraudulent activities and increasing market transparency


Gemini Forms New Working Group With Rivaling Exchanges, But Coinbase Wasn’t Invited

The US-based Gemini exchange, spearheaded by the Winklevoss brothers, joins forces with rivaling cryptocurrency exchanges in order to form a working group that would focus on curbing fraudulent activities and increasing transparency of the market. Remarkably enough, another crypto giant Coinbase did not appear on the list of participants.  

CoinRoutes’s founder Dave Weisberger is seemingly excited about the partnership, saying that it would be a win-win solution both for individual companies and the industry as a whole. According to a Business Insider report, their first group meeting is planned for September.  

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About the author

Alex Dovbnya (aka AlexMorris) covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. When he happens to take a break from crypto, Alex delves into cognitive linguistics (metaphors can be fun too!).

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