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U.S. cryptocurrency companies create industry-specific association

The biggest three U.S. companies dealing with cryptocoins are establishing dedicated association with the purpose of lobbying in regard to problems that the industry faces.

Photo: Pixabay

At the starting phase the association will include Coinbase, the top virtual currency exchange in the country, Circle, focusing on cryptocurrency payment services, the Digital Currency Group, an investment firm centering on cryptoindustry.

It will bear the name of the Blockchain Association, while its official announcement is slated for this week.

The world's most popular cryptocurrency Bitcoin edged up 1 percent to $6,388 on Thursday.


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