Statement of CFTC Commissioner Brian D. Quintenz on a Proposal by Cameron and Tyler Winklevoss for a Virtual Commodity SRO

March 13, 2018

I congratulate Cameron and Tyler Winklevoss on their energetic leadership and thoughtful approach in outlining a virtual commodity self-regulatory organization (SRO) concept.

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.

Last Updated: March 13, 2018