The Winklevoss twins are back with a vengeance. Just weeks after the SEC publicly denied their license for a Bitcoin exchange-traded fund (ETF), they’ve recruited some of the biggest names in cryptocurrency to form a new regulatory supergroup. It’s called the Virtual Commodity Association (VCA), and it wants to be the central authority for dealing with the SEC on matters of regulation and compliance. The traditional securities industry has similar committees, albeit with nobody as good looking as the Winklevi. Right now, it has only four members, all major players in cryptocurrency exchange and brokerage: Bitstamp, bitFlyer USA, Bittrex, and the Winklevoss’s…
This story continues at The Next Web
https://ift.tt/2BuFCDk David Canellis August 20, 2018 at 12:01PM
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