The Attorney General of New York sent consultations to the 13 largest crypto exchange exchanges.

Attorney General of New York, Eric Schneiderman has sent requests for the largest digital currency exchange that requires disclosure of the activities of these companies, urging them to greater transparency and accountability to customers. This is reported in a press release on the Attorney General's website.

"As the [market] grows, consumers in New York and across the country have the right to transparency and accountability, but all too often, consumers do not have the basic information necessary to assess honesty, integrity and security of trading platforms - said prosecutor Schneiderman - Our initiative to ensure the integrity of virtual currency markets is designed to change this state of affairs, it will promote the development of a fairer and more transparent market, than Investors and consumers deserve "

 The following trading platforms were included in the mailing list: Coinbase, Inc. (GDAX); Gemini, BitFlyer USA, Inc., iFinex Inc. (Bitfinex), Bitstamp USA Inc., Payward, Inc. (Kraken), Bittrex, Inc., Circle Internet Financial Limited (Poloniex LLC), Binance Limited, Elite Road Developments LLP (Tidex.com), Gate Technology Incorporated (Gate.io), ITbit Trust Company and Huobi Global Limited (Huobi. Pro). No later than May 1 this year, the aforementioned trading facilities will answer questions related to : - ownership and administration;

- operations and basic commissions;

- trade rules and procedures;

- interruptions in the functioning of the sites and suspension of trade;

- internal control systems;

- anti-money laundering, etc. In addition, the platforms must describe their approaches to counter market manipulation, disclose policies related to trading robots, as well as information on measures to protect against theft, fraud and other risks. Earlier, ForkLog reported that in the state of New York, the regulatory framework regarding the so-called BitLicense could be reviewed soon.