Winklevoss Twins Reveal Plans To Regulate Bitcoin Trading

Law360 (March 13, 2018, 5:33 PM EDT) -- Bitcoin entrepreneurs Cameron and Tyler Winklevoss on Tuesday announced plans to launch a self-regulatory organization for virtual currencies, filling a call from a U.S. Commodity Futures Trading Commission member who said recently that such a group is needed to help oversee the emerging marketplace.

The proposed organization, to be called the Virtual Commodity Association, would look to set industry standards and practices for virtual commodity spot trading platforms, the brothers wrote in a blog post on the website for Gemini Trust Company LLC, their digital currency...
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