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Investment Funds, Digital Stock

Apr 12, 2018

Gemini Co-Founders Cameron and Tyler Winklevoss Propose Virtual Commodity Self-Regulatory Organisation

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On March 13, 2018, virtual currency exchange Gemini released a proposal to create the first self-regulatory organisation (SRO) for U.S. virtual currency exchanges. The so-called “Virtual Commodity Association” (VCA), as envisioned, would be a non-profit, independent regulatory organisation that would operate to foster responsible virtual commodity markets by requiring members to implement specified sound practices and supervising members' implementation of such practices. The VCA would also encourage greater cooperation with relevant regulators in an effort to assist with the maturation of the virtual commodity industry.

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The Team

Authors and Contributors

Jay G. Baris

Partner

Investment Funds

+1 212 848 4100

+1 212 848 4100

New York

Geoffrey Goldman

Partner

Derivatives & Structured Products

+1 212 848 4867

+1 212 848 4867

New York

Lona Nallengara

Partner

Capital Markets

+1 212 848 8414

+1 212 848 8414

New York

Donna Parisi

Partner

Derivatives & Structured Products

+1 212 848 7367

+1 212 848 7367

New York