Winklevoss Twins Create Self-Regulatory Organisation for Crypto Firms

[kreslik.news]

Cameron and Tyler Winklevoss, twin brothers and owners of cryptocurrency exchange Gemini, have spearheaded the creation fo a naew self-regulatory organisation for the cryptocurrency industry –  the Virtual Commodity Association.

Other members include Bittrex (from Las Vegas), bitFlyer USA (a subsidiary of bitFlyer Japan), and Bitstamp (Luxembourg).

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Applauding the effort

According to the press release, the organisation’s inaugural meeting will be held in September. It will be at this meeting that representatives will set rules for the market and for its members, which will include transparency obligations. Staffing for its board ... (read more)