Bitcoin millionaires the Winklevoss twins launch cryptocurrency organisation

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Cameron and Tyler Winklevoss, the cryptocurrency millionaire twins best known for suing Mark Zuckerberg over the creation of Facebook, have launched a push to legitimise the controversial world of digital currencies such as Bitcoin.

The Virtual Commodity Association, an industry group led by the Winklevosses’ own online cryptocurrency exchange, said it planned to “promote fairness, transparency, risk management, and liquidity” in the market.

The twins hope that the self-regulatory body will curry favour with industry regulators, having twice been thwarted in their attempts to launch a tradeable fund pegged to the price of Bitcoin.

Cryptocurrencies, digital assets that are not controlled by any…





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