Virtual Commodity Association creates six regulatory committees
The Virtual Commodity Association has created six regulatory committees to oversee industry set standards and best practices. The VCA's committees first priorities include the Bank Secrecy Act and Anti-Money Laundering, custody and security, enforcement, insurance, market integrity, and tax. The VCA was established in 2018 by bitFlyer, Bitstamp, Bittrex, and Gemini as a self-regulatory organization (SRO) for the crypto industry.
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