CrossTower Joins the Crypto Rating Council
The CRC states that its mission is to provide a “more systematic” U.S. securities law analytical framework for crypto assets, promoting regulatory clarity in the industry. Rankings configured by the CRC attempt to rate crypto assets involved in legal framework compliance in the U.S.
Kristin Boggiano, CrossTower’s co-founder, said the following after the announcement: The announcement also states that since the ranking scheme’s launch and the initial publication of 20 asset scores last fall, the crypto exchange has made ”steady progress engaging the developer community,” recruiting industry members, and producing additional asset scores. Aside from currently offering five of the most widely traded currencies like Bitcoin (BTC), Ether (ETH), Litecoin (LTC), USDC, Bitcoin Cash (BCH) and Zcash (ZEC), the NY-based crypto exchange claimed that it plans to introduce additional assets and services “later this year,” which will be part of CRC oversight as well.
