Association for Digital Asset Markets
Building Trust in the Financial Markets of the Future.
The Association For Digital Asset Markets (ADAM) works in partnership with leading financial firms and regulatory experts to devise a code of conduct for digital asset markets.
OUR MISSION
ADAM exists to foster fair and orderly digital asset markets where participants can transact with confidence.
December 21, 2020
Letter Requesting Extension of Comment Period on FinCEN’s Proposed Rule on Digital Assets
December 15, 2020
Letter to Treasury Secretary Mnuchin on Self-Hosted Wallets
October 27, 2020
ADAM Welcomes CEO, Michelle Bond
Michelle Bond Appointed CEO of the Association for Digital Asset Markets (ADAM)

Our Mission
ADAM exists to foster fair and orderly digital asset markets where participants can transact with confidence.
The development of digital assets, including cryptocurrencies, digital commodities and digital securities, has the potential to revolutionise financial markets. ADAM works with leading financial firms, entrepreneurs, and regulators to develop industry best practices that facilitate safe, secure and efficient digital asset markets.
The Adam Code
Created to promote integrity, fairness, and efficiency in digital asset markets, the ADAM Code of Conduct is intended to inform market participants on best practices and to complement, not replace, existing regulation, part of a long-term effort to define and promote ethical conduct by all digital asset market participants. Click HERE to view the Code of Conduct.
The ADAM Code is divided into principles which guide and define appropriate, professional standards in the following areas:
• Compliance and Risk Management
• Market Ethics
• Conflicts of Interest
• Transparency and Fairness
• Market Integrity
• Custody
• Information Security and Business Continuity
• Anti-Money Laundering and Countering the Finance of Terrorism
Why It Is Needed
Ten years after the publication of the Bitcoin whitepaper, the world is still coming to terms with its implications. The rise of digital assets heralds significant opportunities and poses significant challenges to government regulators and market participants.
There remains no clear roadmap for how existing rules apply and what new rules are needed. This is understandable, but nonetheless problematic. At best, the regulatory void creates confusion and ambiguity; at worst, it begets fraud, deters institutional investment and participation, and hinders the significant benefits of digital assets that we are only beginning to contemplate.
Digital assets do not fit neatly into existing regulatory buckets—currency, personal property, securities or commodities—but rather span all of them in interesting and complicated ways. Current government regulation has some jurisdictional gaps and doesn’t cover all areas that are helpful in boosting market integrity. ADAM can help. While it’s not an alternative to government rulemaking or a substitute, a robust code of conduct can complement policymakers as regulations are promulgated.
We have a collective responsibility to work with regulators to bring about the infrastructure this market needs. Ever since the Buttonwood Agreement, market participants have codified rules for themselves. It worked then, and it will work again, in the context of this new asset class.
Our Founding Members
Our Goals
ADAM has four objectives
Membership
ADAM is a broad-based industry group that seeks to include a wide variety of market participants, including trading platforms, custodians, investors, asset managers, traders, liquidity providers, and brokers. Its members are firms that are active in digital asset markets or seek to participate in those markets.
Interested in becoming an ADAM member?
Apply Now