Cameron and Tyler Winklevoss, the founders of cryptocurrency exchange Gemini have unveiled a proposal that seeks to see US cryptocurrency trading platforms establish a self-regulatory organization (SRO).

The brothers announced their proposal for the “Virtual Commodity Association” (VCA) in a blog post, arguing that such an organization is necessary to help the market continue to grow and mature.

They wrote:

“We believe a thoughtful SRO framework that provides a virtual commodity regulatory program for the virtual commodity industry is the next logical step in the maturation of this market. We look forward to engaging with industry leaders, participants, regulators, and legislators on this proposal.”

The VCA would be open to all cryptoasset trading venues that serve US customers, and members would have to agree in writing to submit to certain rules governing security, fiscal management, and information sharing. Members would not be allowed to list security tokens unless they obtained securities trading licenses.

The Winklevoss twins have been among the industry’s most vociferous voices in favor of regulation. Gemini, notably, is one of a select group of companies to be granted a BitLicense under New York’s controversial cryptocurrency regulatory framework.

At present, the Commodity Futures Trading Commission (CFTC) classifies Bitcoin and other cryptocurrencies as commodities, meaning that their cash markets are not subject to CFTC oversight unless fraud or market manipulation occurs.

However, the brothers noted in their proposal that cryptoassets fill a very different role in the marketplace than oil, grain, and other commodities. They pointed to the “strong speculative interest” fueling demand for cryptoassets, the relative dearth of commercial use cases, the low transaction costs associated with trading these assets, and the large number of individual investors who participate in these markets as reasons to adopt new self-regulatory standards.

Calls for exchanges to establish a self-regulatory body intensified recently after Securities and Exchange Commission (SEC) released a statement warning cryptocurrency exchanges that it was a violation of federal regulations for them to list ICO tokens the agency classifies as securities.

CFTC Commissioner Brian Quintenz — who last month encouraged exchanges and other market players to embrace self-regulation and adopt standards for cybersecurity, insider trading, and ethical codes of conduct –praised Gemini’s proposal in a statement posted on the CFTC website.

“Ultimately, a virtual commodity SRO that has the most independence from its membership, the most diversity of views, and the strongest ability to discover, reveal, and punish wrongdoing will add the most integrity to these markets. I encourage Gemini (or any other market participant, advocacy group, platform, or firm) to be aggressive in promoting these qualities within any SRO construct,” he said.

Notably, US exchanges are not the only ones considering adopting self-regulatory standards. Earlier this month, Japan’s 16 licensed cryptocurrency exchanges announced that they were forming a self-regulatory body — a move that came in response to the high-profile hack of Tokyo-based exchange Coincheck, which has still yet to receive regulatory licensure.

Tags:
26 Comments
  1. Irinasaw 3 weeks ago

    cialis costo mexico|cialis low priced|cialis e cibo|venta cialis tadalafil|30 cialis|farmacia di cialis uk prezzo|cialis generika 20 mg kaufen|comprar cialis plata|generic cialis work|types of cialis online|getting cialis overnight|preis cialis 12|cialis 20 mg tablet at walmart|cialis por gust|wow cialis tablets foreign|generic buy cialis|cialis prescription in canada|buy cialis canada net continue|low dose cialis cost|cialis apotheke polen|cialis sale online|cialis angebote deutschland|cialis online sicuro italia|achat cialis confidentiel|cialis gel vs tablets|online apotheke cialis 5mg|brand cialis prices compared|softtabs cialis online generic|cialis 10 dosaggi|cialis i stockholm|cialis is a prescription drug|rx en lnea cialis|purchasing cialis in usa|enter site cheap cialis india|wirkung cialis preis|discount cialis soft online|cheapest cialis generic online|cialis discount generic volume|cialis for daily use prostate|on how to take 10 mg cialis|cialis professional for sale|side vision effects cialis|cialis herbal alternative|cialis everyday cost|cheapest way to get cialis|click now pfizer cialis 50mg|online no prescription cialis|how to get cialis in malaysia|best time to take cialis 20mg|chep cialis|cialis en parafarmacias|cialis 20 mg cc pharma|cialis uk next day delivery|cialis prescription online|we recommend cialis tablet|cialis pericolos|embalaje de muestra de cialis|prix de cialis la pharmacie|cialis tadalafil 29mg tablets|cialis health insurance|cialis y levitra|comprare cialis online|generic cialis black 800mg|generic 60mg cialis wholesale|acheter cialis onlin|cialis 20 mg 12 tab|fast shipping on cialis orders|cialis preise kanada|cialis generico barcelona|achat cialis en ligne canada|cialis 5 mg acquisto on line|kpa cialis billigt|cialis zeugungsfahigkeit|cialis billig cialis billigt|generic cialis women|drug prices cialis|cialis price compare|professionnel cialis original|cialis 20 mg packungsgre|cialis 80 mg buy|vente cialis en france|buy cialis 5mg canada|cialis suaves genricos|foro cialis levitra viagr|cialis 10 moins cher|cialis kaufen aus holland|buy online pill cialis|acheter cialis 5mg en ligne|on sale cialis pills|visit our site cialis india|where to cialis|cialis terapia|venta cialis online|cialis compare prices|buy cialis tadalafil wholesale|dove ordinare cialis generico|le cialis efficac|uk online sales for cialis|benifits of using cialis|comprar cialis mexico|should i take half cialis|safe buy cialis|buy cialis no rx|look here cialis usa|cialis online mail order|cialis 8 cpr riv 20 mg|posologia cialis 5 m|sale cialis online|english pharmacy buy cialis|cheap cialis in california|cialis cost at walgreens|cialis pas cher en ligne|can we take 40 mg cialis|cialis online consigli|prezzi scontati su cialis|cialis y levitra espan|differenze cialis generico|cialis generico equivalente|cialis 20mg low cost|does cialis professional work|very lowest prices on cialis|prix cialis pharmacie grenoble|uso cialis come cura|cialis sales online usa|cialis 5mg dosage|link for you cialis on sale|buying cialis in mexico|cialis chewable|cialis preis tadalafil|cialis meilleur prix canada|cialis 20 mg price per pill|marca de cialis barata|brand cialis 20 mg|click now brand name cialis|cialis 20mg rechnung|cialis en suisse pas che|cialis compra best price|vendo cialis genova|click here cialis label|cialis prijs apotheek|cialis and online pharmacy|acquisto cialis foru|good choice mexico cialis|best online cialis reviews|price of cialis 20mg|only now cialis alternatives|to order cialis on line|buy now cialis mail order|cialis y para que sirv|just try cialis for daily use|cost of cialis on|how old to use cialis|cialis 20 mg 12 preis|precio cialis uso diario|cialis discount html|cialis 20mg cp pellic|generic cialis 100mg tablets|click here buy cialis discount|buy cialis 10 mg online|cialis 100mg|cialis generico e bom|buying cialis online australia|precio cialis oficial|cialis product|cialis prices india|cialis generika barato|costo di mercato del cialis|apotheke cialis schweiz|best place buy generic cialis|army medical specialist corps|cialis wholesale online|5 mg original brand cialis|where to buy cialis cheap us|we like it generic cialis usa|prix de cialis nz|cialis online best place|we choice cialis 20 mg tablets|cialis positive effects|look here online cialis sales|uso cialis generico|the best choice cost cialis|cialispreise eu|overnight delivery of cialis|we recommend 100 mg cialis|purchase once a day cialis|cialis free trial pack|cialis bestellung|best site to buy cialis|acquisto di pillole di cialis|cialis online ohne|canadian cialis prescriptions|reliable source to buy cialis|10mg cialis for daily use|canada cheap cialis|potenzmittel cialis alkohol|use cialis term long side|cheap generic cialis jelly|cialis generic vs professional|cialis somnifere|free trial cialis coupon|we choice cheap cialis uk|cialis livraison 24h|cialis free delivery|wow look it buy cheap cialis|cialis 20mg auf rechnun|cialis kaufen aache|cialis kaufen rechnung|places to buy cialis on line|cialis 20 mg como tomar la|look there buy cialis on line|fda approved cialis|cialis professionali|just try pharmacy cialis|cvs cost for cialis|vendita di cialis paypal|cialis 60 ans|cialis what max dose of the|cialis acheter belgiqu|precio propecia cialis levitra|cialis parapharmacie leclerc|buy generic cialis europe|cialis gnstig|cialis over counter mexico|cialis cost in the us|forum cialis generico online|buying cialis from mexico|we like it cialis cost|cialis c80 dosage|can i buy cialis in australia|cialis lowest dosage mg|dividere compresse cialis|tadalafil cialis gnrique|cialis homme|5 mg cialis and avodart|best prices for cialis 20mg|cialis and ace inhibitors|follow link price of cialis|bestellen cialis rezept|cialis 20 moins cher|cialis uk versand|cialis generique en belgique|cialis soft for sale australia|cost cialis daily use|sicher cialis|med suisse cialis|canada cialis fast shipping|purchase brand cialis in uk|buying brand cialis|we use it buy 100 mg cialis|il cialis generico per vendita

    [url=http://cialistrxe.com/]buy cialis[/url]
    cialis cheap

    cialis costo mexico|cialis low priced|cialis e cibo|venta cialis tadalafil|30 cialis|farmacia di cialis uk prezzo|cialis generika 20 mg kaufen|comprar cialis plata|generic cialis work|types of cialis online|getting cialis overnight|preis cialis 12|cialis 20 mg tablet at walmart|cialis por gust|wow cialis tablets foreign|generic buy cialis|cialis prescription in canada|buy cialis canada net continue|low dose cialis cost|cialis apotheke polen|cialis sale online|cialis angebote deutschland|cialis online sicuro italia|achat cialis confidentiel|cialis gel vs tablets|online apotheke cialis 5mg|brand cialis prices compared|softtabs cialis online generic|cialis 10 dosaggi|cialis i stockholm|cialis is a prescription drug|rx en lnea cialis|purchasing cialis in usa|enter site cheap cialis india|wirkung cialis preis|discount cialis soft online|cheapest cialis generic online|cialis discount generic volume|cialis for daily use prostate|on how to take 10 mg cialis|cialis professional for sale|side vision effects cialis|cialis herbal alternative|cialis everyday cost|cheapest way to get cialis|click now pfizer cialis 50mg|online no prescription cialis|how to get cialis in malaysia|best time to take cialis 20mg|chep cialis|cialis en parafarmacias|cialis 20 mg cc pharma|cialis uk next day delivery|cialis prescription online|we recommend cialis tablet|cialis pericolos|embalaje de muestra de cialis|prix de cialis la pharmacie|cialis tadalafil 29mg tablets|cialis health insurance|cialis y levitra|comprare cialis online|generic cialis black 800mg|generic 60mg cialis wholesale|acheter cialis onlin|cialis 20 mg 12 tab|fast shipping on cialis orders|cialis preise kanada|cialis generico barcelona|achat cialis en ligne canada|cialis 5 mg acquisto on line|kpa cialis billigt|cialis zeugungsfahigkeit|cialis billig cialis billigt|generic cialis women|drug prices cialis|cialis price compare|professionnel cialis original|cialis 20 mg packungsgre|cialis 80 mg buy|vente cialis en france|buy cialis 5mg canada|cialis suaves genricos|foro cialis levitra viagr|cialis 10 moins cher|cialis kaufen aus holland|buy online pill cialis|acheter cialis 5mg en ligne|on sale cialis pills|visit our site cialis india|where to cialis|cialis terapia|venta cialis online|cialis compare prices|buy cialis tadalafil wholesale|dove ordinare cialis generico|le cialis efficac|uk online sales for cialis|benifits of using cialis|comprar cialis mexico|should i take half cialis|safe buy cialis|buy cialis no rx|look here cialis usa|cialis online mail order|cialis 8 cpr riv 20 mg|posologia cialis 5 m|sale cialis online|english pharmacy buy cialis|cheap cialis in california|cialis cost at walgreens|cialis pas cher en ligne|can we take 40 mg cialis|cialis online consigli|prezzi scontati su cialis|cialis y levitra espan|differenze cialis generico|cialis generico equivalente|cialis 20mg low cost|does cialis professional work|very lowest prices on cialis|prix cialis pharmacie grenoble|uso cialis come cura|cialis sales online usa|cialis 5mg dosage|link for you cialis on sale|buying cialis in mexico|cialis chewable|cialis preis tadalafil|cialis meilleur prix canada|cialis 20 mg price per pill|marca de cialis barata|brand cialis 20 mg|click now brand name cialis|cialis 20mg rechnung|cialis en suisse pas che|cialis compra best price|vendo cialis genova|click here cialis label|cialis prijs apotheek|cialis and online pharmacy|acquisto cialis foru|good choice mexico cialis|best online cialis reviews|price of cialis 20mg|only now cialis alternatives|to order cialis on line|buy now cialis mail order|cialis y para que sirv|just try cialis for daily use|cost of cialis on|how old to use cialis|cialis 20 mg 12 preis|precio cialis uso diario|cialis discount html|cialis 20mg cp pellic|generic cialis 100mg tablets|click here buy cialis discount|buy cialis 10 mg online|cialis 100mg|cialis generico e bom|buying cialis online australia|precio cialis oficial|cialis product|cialis prices india|cialis generika barato|costo di mercato del cialis|apotheke cialis schweiz|best place buy generic cialis|army medical specialist corps|cialis wholesale online|5 mg original brand cialis|where to buy cialis cheap us|we like it generic cialis usa|prix de cialis nz|cialis online best place|we choice cialis 20 mg tablets|cialis positive effects|look here online cialis sales|uso cialis generico|the best choice cost cialis|cialispreise eu|overnight delivery of cialis|we recommend 100 mg cialis|purchase once a day cialis|cialis free trial pack|cialis bestellung|best site to buy cialis|acquisto di pillole di cialis|cialis online ohne|canadian cialis prescriptions|reliable source to buy cialis|10mg cialis for daily use|canada cheap cialis|potenzmittel cialis alkohol|use cialis term long side|cheap generic cialis jelly|cialis generic vs professional|cialis somnifere|free trial cialis coupon|we choice cheap cialis uk|cialis livraison 24h|cialis free delivery|wow look it buy cheap cialis|cialis 20mg auf rechnun|cialis kaufen aache|cialis kaufen rechnung|places to buy cialis on line|cialis 20 mg como tomar la|look there buy cialis on line|fda approved cialis|cialis professionali|just try pharmacy cialis|cvs cost for cialis|vendita di cialis paypal|cialis 60 ans|cialis what max dose of the|cialis acheter belgiqu|precio propecia cialis levitra|cialis parapharmacie leclerc|buy generic cialis europe|cialis gnstig|cialis over counter mexico|cialis cost in the us|forum cialis generico online|buying cialis from mexico|we like it cialis cost|cialis c80 dosage|can i buy cialis in australia|cialis lowest dosage mg|dividere compresse cialis|tadalafil cialis gnrique|cialis homme|5 mg cialis and avodart|best prices for cialis 20mg|cialis and ace inhibitors|follow link price of cialis|bestellen cialis rezept|cialis 20 moins cher|cialis uk versand|cialis generique en belgique|cialis soft for sale australia|cost cialis daily use|sicher cialis|med suisse cialis|canada cialis fast shipping|purchase brand cialis in uk|buying brand cialis|we use it buy 100 mg cialis|il cialis generico per vendita

  2. AksyhAlile 2 weeks ago

    online casino bonus casino real money best online casinos [url=https://onlinecasinoplay.us.org/]online casino[/url]

  3. AtedzAlile 2 weeks ago

    best online casino free online casino slots online casino games [url=https://onlinecasinopix.com/]online casino bonus[/url]

  4. AwebyAlile 2 weeks ago

    cashman casino gossip online casino winstar world casino [url=https://onlinecasinozonee.com/]online casino[/url]

  5. AifadAlile 2 weeks ago

    gsn casino casino play free online casino slots [url=https://onlinecasinousd.com/]online casino bonus[/url]

  6. AzynkAlile 2 weeks ago

    best online casino gsn casino slots online casino games [url=https://casinoslotssy.us.org/]online casino games[/url]

  7. AlsumAlile 2 weeks ago

    jackpot party casino facebook casino game gambling sites [url=https://onlinecasinozonee.com/]online gambling casino[/url]

  8. ArcgbAlile 2 weeks ago

    casinos online choctaw casino durant oklahoma real casino slots on facebook [url=https://onlinecasinowus.com/]casinos online[/url]

  9. AscxpAlile 1 week ago

    free online casino slots betfair online casino online casino gambling [url=https://onlinecasinormoney.com/]online casino games[/url]

  10. AslpbAlile 1 week ago

    hollywood casino online gambling casino play casino [url=https://casinorealmoney2018.us.org/]online casino bonus[/url]

  11. AxvshAlile 1 week ago

    world class casino slots masque gambling games foxwoods resort casino [url=https://onlinecasinozeus24.com/]hollywood casino[/url]

  12. AbqpaAlile 1 week ago

    play casino jackpot party casino slots on facebook betfair casino online nj [url=https://online-casinoss.us.org/]prairie meadows casino[/url]

  13. AnpflAlile 1 week ago

    crown casino melbourne star casino sydney casino online [url=https://ausonlinecasino.com/]casino mate[/url]

  14. ApjyoAlile 6 days ago

    slots for real money play casino online casinos [url=https://casino-online2018.us.org/]casino slots[/url]

  15. AqoplAlile 5 days ago

    casino blackjack online casinos betfair online casino [url=https://casinoslotsy.us.org/]casino bonus[/url]

  16. AlvidAlile 5 days ago

    best online casinos online casinos online casino [url=https://onlinecasinomaniaa.com/]gsn casino slots[/url]

  17. AjnhyAlile 4 days ago

    gsn casino games online gambling casino online casino games [url=https://casinoslotssy.us.org/]play casino[/url]

  18. AapnzAlile 3 days ago

    best online casinos online casinos casino slots [url=https://onlinecasinoppl.com/]online casino[/url]

  19. AumiqAlile 3 days ago

    casino real money free online casino slots online casino games [url=https://onlinecasinozeus24.com/]real money casino[/url]

  20. AfaeeAlile 3 days ago

    online casinos for us players gsn casino slots online casino slots [url=https://casino-online2018.us.org/]usa online casino[/url]

  21. bdgknisk 2 days ago

    cialis tadalafil cheap cialis online cialis [url=http://ciallisonline.com/] online cialis[/url]

  22. AjkuyAlile 2 days ago

    online casino casino real money online casino gambling [url=https://onlinecasino-games.us.org/]best online casino[/url]

  23. AbzcoAlile 2 days ago

    mgm online casino best online casino online casinos for us players [url=https://onlinecasinomaniaa.com/]best online casinos[/url]

  24. AigqzAlile 1 day ago

    online casinos for us players best online casinos free online casino slots [url=https://onlinecasinozonee.com/]slots for real money[/url]

  25. Easy Payday Loan 1 day ago

    loans for people with bad credit bad credit loans get a loan with bad credit [url=https://loansforpeoplewithbadcredit.us.com]bad credit loan[/url]

  26. mmzWrabe 1 day ago

    buying viagra online natural viagra alternative generic viagra rx [url=http://canadiannowv.com]viagra online[/url]

Leave a reply

Your email address will not be published. Required fields are marked *

*

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

©2018 ICO Crypto Club | Prouldy powered by Crypto Passion - ICO Crypto Club sponsored by worldcoin.cash

Log in with your credentials

or    

Forgot your details?

Create Account