Cryptocurrencies
The Biggest Digital Exchanges Are Teaming Up To Police the Crypto Space
- The Virtual Commodity Association seeks to stamp out cheating
- Members include Gemini, Bitstamp, BitFlyer and Bittrex
Cameron and Tyler Winklevoss
Photographer: David Paul Morris/Bloomberg
This article is for subscribers only.
Several of the world’s largest digital exchanges joined an effort to root out bad behavior in the $214 billion cryptocurrency industry.
Created by Gemini Trust co-founders Cameron and Tyler Winklevoss, the Virtual Commodity Association expanded its roster of exchange participants to include Bitstamp, BitFlyer USA and Bittrex, according to a statement Monday. Representatives from the four marketplaces will meet for the first time in September to discuss setting up the self-regulatory organization.