A new Indian governmental committee reportedly favors cryptocurrency regulation and legalization over prohibition.
The Group of Twenty, or the G20, is an international forum for the governments and central banks of countries with developed and developing economies. The G20 includes countries from different continents and aims for cooperation and consultation on questions about the international financial system. G20 summits hadn’t been organized until 2008, as its main form of activity had been annual meetings of ministers of finances and central banks’ presidents. In terms of cryptocurrency, G20 members currently are not going to implement rigorous regulatory measures on it. According to their last report on digital currencies, G20 members came to the conclusion that cryptocurrency can play an important role in increasing the efficiency and transparency of the global financial system, so it wouldn’t be good to limit the development of these technologies.
- Survey: US Investors That Sold BTC Lost $1.7 Billion, Many Don’t Intend to Deduct Losses
- Ripple: Only XRP Private Keys That Used Software From Before August 2015 Are Vulnerable
- Swiss Crypto Industry Leader Says Next Crypto Wave Will Be Stablecoins, Security Tokens
- Security Report Gives A or A- Rating to 16% of Major Crypto Exchanges, None Get A+
- Genesis Partners With Blockchain Security Firm to Provide Direct Custody Operations