Winklevii-backed Virtual Commodities Association Gears Up For SRO Designation

The Winklevoss-backed Virtual Commodity Association (VCA) is planning to become a Self-Regulatory Organization (SRO) for cryptocurrency exchanges. Yusuf Hussein, head of risk at cryptocurrency exchange Gemini, published a Medium post yesterday discussing the organization’s goals and structure. According to Hussein, VCA plans to establish itself as “an industry-sponsored, self-regulatory organization (SRO).” Currently, it has four… Read More Winklevii-backed Virtual Commodities Association Gears Up For SRO Designation

Tether’s Loss Last Week Meant Gains For Other Stablecoins

For an asset often touted as reliable in a volatile cryptocurrency market, stablecoins have been remarkably unstable in the last week. First, there was the problem with Tether. The stablecoin, which is the second-most traded cryptocurrency after bitcoin and accounts for 98% of daily trading volume in stablecoins, crashed last weekend as investors, fearful of… Read More Tether’s Loss Last Week Meant Gains For Other Stablecoins

Bitcoin Price Falls After Google Bans Advertising Related To Crypto Products

Cryptocurrency markets continued to slide as a mix of negative assessments and news about bans and regulatory crackdowns continued to bear down on them. At 16:06 UTC, the price of a single bitcoin was $8,711.30, down 4.8% in the last 24 hours. The biggest news to emerge in the last 24 hours is that of… Read More Bitcoin Price Falls After Google Bans Advertising Related To Crypto Products