“Mastercoin Foundation, Invictus Innovations (Bitshares, Protoshares), and ColoredCoins have announced the formation of a self-regulatory organization (SRO) to ensure the continued free operation of new decentralized applications and protocols in the Bitcoin ecosystem.  The rapid growth of Bitcoin has led to the building of additional user layers and interfaces, including non-currency uses such as securities, lending, trading assets, bartering and prediction markets.  Expanding upon the scope of groups like the Bitcoin Foundation, DATA and Electronic Frontier Foundation, CoDA is based on what it believes are essential freedoms of the computer age.”

http://cryptosource.org/mastercoin-foundation%E2%80%8B-bitshares-and-coloredcoi%E2%80%8Bns-join-to-form-self-regul%E2%80%8Batory-organizati%E2%80%8Bon-for-bitcoins-third-part%E2%80%8By-operators/

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