Crypto Exchanges are meeting up to form a self-regulatory organization

[xtinepink]

Crypto Exchange are also planning ahead this September as Gemini leads the meeting in the formation of self-regulatory organization to oversee the U.S. crypto trading market.

The so called Virtual Commodity Association are cryptocurrency exchanges mainly having U.S. customers such Gemini, Bitstamp, Bittrex, and bitFlyer USA will be having representatives and will meet in September to discuss forming self-regulatory organization.

The said meeting includes drafting different practices for the industry and determining guidelines for membership in the Virtual Commodity Association. They will also choose an executive director for the organization.

 

This is interesting as things in cryptocurrency are getting more serious about the regulations and keeping things organized. What do you think?

 

source: 

https://www.ccn.com/u-s-cryptocurrency-exchanges-set-to-meet-in-september-to-discuss-self-regulation/

 

[Kate]

Oh thats nice to hear but i have a doubt this meeting will go well.