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April 17, 2018

Binance, Bitfinex and More: NY Launches Inquiry Into Crypto Exchanges – CoinDesk

New York’s Attorney General is taking a closer look at some of the world’s most popular cryptocurrency exchanges.

Attorney General Eric Schneiderman announced the “Virtual Markets Integrity Initiative” on Tuesday, saying it was “a fact-finding inquiry into the policies and practices” of cryptocurrency trading platforms. Letters were sent to 13 exchanges, seeking information about their “operations, use of bots, conflicts of interests, outages, and other key issues,” according to a press releasepublished on Tuesday.

“With cryptocurrency on the rise, consumers in New York and across the country have a right to [...]

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