‘Very Specific Recommendations’ Crypto Deadline Scraped by G20 Forum

‘Very Specific Recommendations’ Crypto Deadline Scraped by G20 Forum
ôîòî ïîêàçàíî ñ : bitcoints.com

2018-7-23 17:36

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 consultation period which FATF enacted during a previous gathering in March.
At the time, representatives said they were obliged to create what they called “very specific recommendations” for how to approach the cryptocurrency sphere at international level.
“[W]e ask the FATF to clarify in October 2018 how its standards apply to crypto-assets,” the summary requests.

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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


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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


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G20 Economics Group Want To See Worldwide Cryptocurrency Regulation

G20 (Group of 20) is a worldwide platform for Central Banks and Governments which includes authorities from countries all over the world. G20 membership consists of; Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States of America and the European Union.

2018-7-16 18:30


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