Bitstamp and Bittrex has joined the Association of the Winklevoss brothers. What does it mean?
Source:In may owned by the Winklevoss brothers firm Winklevoss IP new tool for institutional investors, which will allow them to work on cryptocurrency exchanges. It is a method of calculating profit on traded on platforms coins.
Now a group of cryptocurrency exchanges joined the twins Association of virtual goods (VCA), which will deal with fraud and falsification of tokens on the market. About it writes .
theRegulation of cryptocurrency in the USA
The Founders of the exchange Gemini for the first time about the creation of the VCA in March is a self-regulatory industry organization, which will allow you to have control over the activities of exchanges and scriptcombine. In addition, it will be a necessary step towards development of the global market of digital currencies and to protect its members, then said first -billionaires.
According to a post on the VCA website, in August it was joined by the Bitstamp exchange, BitFlyer USA and Bittrex, as well as several other smaller shopping areas. For the first time, members will meet to discuss plans for its development in September, the report says.
Given the lack of Federal oversight activities in the cryptocurrency market, in March of this year, we encouraged the community to come together and create a self-regulatory organization that could develop and apply work rules in the industry. Today's announcement is a positive step towards this goal.
In the future, VCA intends to collect the Council, which will evaluate the projects and the tokens matching the standards of the organization. The brothers noted that the organization would remain independent from regulators.
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