Currency.com joins Global Digital Finance
The membership will help advocate best practices for digital finance and crypto assets
New York, United States, 14 February 2022 – European crypto exchange Currency.com, has today announced its membership to the Global Digital Finance (GDF), a leading industry body that supports standards and best practices in crypto assets and digital finance.
The GDF brings together a global community of industry participants through quarterly global summits and working groups. As a GDF Member, Currency.com will be at the forefront of creating market and conduct standards and best practices for crypto asset and digital finance participants in a shared engagement forum with market participants, policymakers and regulators.
GDF’s working groups include subject matter experts from across the ecosystem from crypto/digital assets, traditional financial services, legal and academic communities, such as Coinbase, Crypto.com, DLA Piper, EY and the London Stock Exchange. Specifically, Currency.com will lend its subject matter expertise to the working groups KYC/AML/CTF, which articulates best practices in the areas of customer due diligence and the prevention of financial crime associated with money laundering and terrorist financing, and Market Surveillance, which aims to develop shared surveillance data standards and frameworks for digital asset markets, necessary to address global regulatory concerns with cross-market manipulability of crypto assets.
Steve Gregory, CEO of Currency.com US, said:
“We are proud to join this group of like-minded leaders working together to ensure the digital asset space grows in step with regulation. As a member of Global Digital Finance, we aim to collectively support and drive the adoption of standards and best practices. This will build greater trust and confidence among new entrants and policymakers and accelerate the development of the entire digital finance ecosystem.”
Commenting on Currency.com’s membership, Emma Joyce, Executive Director and Board Member at GDF, said:
“We are delighted that Currency.com has joined the GDF membership. We look forward to further collaborating on the development of code of conduct to advance digital finance and promote the adoption of best practices for the industry.”