Winklevoss twins recruit cryptocurrency superfriends to fight the SEC
The Winklevoss twins are back with a vengeance. Just weeks after the SEC publicly denied their license for a Bitcoin exchange-traded fund (ETF), they’ve recruited some of the biggest names in cryptocurrency to form a new regulatory supergroup. It’s called the Virtual Commodity Association (VCA), and it wants to be the central authority for dealing with the SEC on matters of regulation and compliance. The traditional securities industry has similar committees, albeit with nobody as good looking as the Winklevi. Right now, it has only four members, all major players in cryptocurrency exchange and brokerage: Bitstamp, bitFlyer USA, Bittrex, and the Winklevoss’s… This story continues at The Next Web
Demand for healthier ingredients has spread beyond the dinner plate. Interest in cosmetics and skincare products claiming to be “clean” and “natural” has grown in the past two years, with no regulation around either term. “Natural” personal care and beauty products generated more than $1.5 billion in U.S. sales in 2017, according to Nielsen. And the trend isn’t slowing down. A new report from Grand View Research predicts that the global organic personal care industry will reach nearly $25 billion by 2025.
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