G20 Summit Has No Progress For Crypto Regulation But Money Laundering A Main Focus

2018-7-28 13:58

“Cryptocurrencies can bring significant advantages to the traditional economy and do not pose a global risk to financial stability. ” This was the general sentiment when the Finance Ministers and Central Bank Governors of the world’s largest economies spoke about cryptocurrency in the G20 conference.

The past weekend, July 21-22, the 3rd Meeting of the Finance […].

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Фото:

‘Very Specific Recommendations’ Crypto Deadline Scraped by G20 Forum

Cryptocurrencies will continue to receive a broadly hands-off approach from the G20 until at least October, a meeting of the forum confirmed July 21-22. A summary of interim decisions made by the dedicated Finance Ministers & Central Bank Governors (FATF) group sees any hard-and-fast regulatory steps regarding cryptoassets remain absent. The results follow a four-month

2018-7-23 17:36


Фото:

G20 Ice October Timeline for Cryptosafe Payment Grade

G20 member countries are now looking at an October deadline for reviewing a global anti-money laundering (AML) standard on cryptocurrency, document shows. According to a statement issued on Sunday, finance ministers and central bank governors of the G20 member countries hosted a meeting during the weekend and reiterated their position on “vigilant” monitoring over cryptocurrency.

2018-7-23 11:24


Фото:

Cryptocurrencies Pose No Threat to Global Finance but Require Vigilant Monitoring, Says FSB

In a press release issued on July 16 via its website, the Financial Stability Board (FSB) announced that cryptocurrencies do not pose a threat to the global financial system. FSB Partners with CPMI to Monitor Cryptocurrencies The purpose of the announcement was to apprise the G20 Finance Ministers and Central Bank Governors of the FSB’s activities concerning the emerging cryptocurrency industry.

2018-7-17 15:00