Huobi partners with Global Digital Finance (GDF)
September 10, 2019
Huobi partners with Global Digital Finance (GDF)
September 10, 2019

Huobi, a cryptocurrency exchange, partners with the industry group Global Digital Finance to improve its crypto standards. The announcement was made on July 31st in a press release by CoinTelegraph.

The alliance between Huobi and Global Digital Finance will help the later in acquiring new partners and improving its global strategy.

“Maintaining the public’s trust that markets are fair and transparent is crucially important if we want our industry to grow.”

Josh Goodbody, head of Europe & the Americas, Huobi global sales and institutional business.

GDF’s executive director Teana Baker-Taylor says that “integrity and credibility of crypto markets are currently major hurdles for mainstream and institutional adoption of digital assets, as well as a key concern for regulators.”

“The goal of GDF’s Market Integrity Working Group is to devise a set of pragmatic, implementable guidelines that, if adopted by digital asset service providers, will promote a fair, ethical and transparent industry.”

GDF’s executive director Teana Baker-Taylor

Reports suggest that Huobi has joined alongside major companies like “Circle, Coinbase, ConsenSys, DLA Piper, Diginex, Hogan Lovells and R3 on the organization’s Patron Board and Advisory Council.”

ALSO READ :  Gemini Launches An Insurance Company To Cover Up To $200 Million For Its Custody

The partnership between the two “will try to address wash trading, market manipulation, and other abusive practices in the cryptocurrency industry.”


Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

Jafrin Ahmed

Crypto newbie passionate about creating resourceful content on blockchain technology, cryptocurrencies and decentralized apps.