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Topic: [2017-02-28] BS: Bitcoin firms form self-regulatory body for transparent growth (Read 416 times)

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Bitcoin firms form self-regulatory body for transparent growth

http://www.business-standard.com/article/finance/bitcoin-firms-form-self-regulatory-body-for-transparent-growth-117022700855_1.html

Bitcoin start-ups Zebpay, Unocoin, Coinsecure and Searchtrade have jointly launched a Digital Asset and Blockchain Foundation of India (Dabfi), with the aim of orderly and transparent growth of the virtual currency market.

The body will work as a self-regulatory organisation (SRO) for this business. And, has appointed Nishith Desai Associates, an international law firm, to develop self-regulation norms for the segment.

A committee for the SRO has been constituted, with the members comprising Sandeep Goenka (Zebpay), Mohit Kalra (Coinsecure), Sathvik Vishwanath (Unocoin), Harish B V (Unocoin) and Vishal Gupta and Rashmit Gupta (Searchtrade).
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