The G20, OECD and other international agencies are set to implement a multilateral approach to tax policy to achieve sustainability goals.
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.
A new report released by the triumvirate of global finance argues that central bank digital currencies will benefit worldwide development.6129
Sustainability and the need to lessen climate change amid the COVID-19 pandemic have become the global economic agenda.14333
U.S. regulators are starting to track crypto more seriously, and that’s a good sign for all crypto holders.10483
Crypto has turned from an inevitable future to our happening present, and stablecoins may become the industry’s cornerstone.5696
The G-20’s Financial Stability Board issued a study on stablecoins, analyzing their merits and threats as the Libra project continues to spook regulators.5754
How can emerging technologies help one of the world’s most populous countries and one of the largest energy consumers toward sustainable and renewable energy development?2537
Central bank governors and finance ministers discussed regulatory oversight of cryptocurrency at the G-20 meeting in Riyadh this week.2712
As the deadline for the so-called travel rule looms, crypto exchanges and issuers are responding to the pressure.8334
What’s driving regulatory processes around crypto, and why should we welcome restrictions on an industry that has so far enjoyed nearly unbridled freedom?3528
The FATF’s regulation might be the end of privacy in crypto industry, and the regulation might also create a black market of crypto addresses.12439
Demand for virgin Bitcoin is currently at its all-time high.38759
Pressures from the banking industry? Some are suspect of the FATF’s motivation behind putting its “travel rule” in the new guidance.8956
G20 leaders reaffirmed their previous stance towards cryptocurrencies in a declaration released after the G20 Summit in Osaka on June 29.11539
A group of trade associations representing several national Virtual Asset Service Providers announced the launch of a global collaboration for firms in the industry.7492