2019-7-2 19:19 |
Following the G20 Summit in Osaka, global leaders reaffirmed their position on cryptocurrencies in a joint statement
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Coinspeaker G20 Officially Has Regulated Crypto, FATF Guidelines Will Be AppliedJust recently the outcome of the G20 summit in Osaka, Japan, has set in – cryptocurrencies are officially regulated by the G20.
2019-7-2 09:58 | |
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Cryptocurrencies are being used more each time in the field of geopolitics, transcending the image of being just an experimental technology promoted by some fintechs and enthusiasts. After drawing the attention of the G20, several.
2019-6-20 01:20 | |
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Cryptocurrency exchanges will meet with the regulators who want to treat them like banks at the upcoming G20 Summit – but Bitcoin price has already shaken off concerns. FATF Meets Its Match As Bitcoinist reported last week, June 21 sees publication of new material from the Financial Action Task Force (FATF) aimed at cryptocurrencies.
2019-6-17 15:00 | |
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Japan’s Ministry of Finance on June 9, 2019, published a joint statement from the various G20 finance ministers and central bank governors requesting the Financial Stability Board (FSB) to keep a close eye on risks surrounding crypto-assets.
2019-6-10 15:00 | |
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By CCN: The hurdles of using crypto in money laundering are set to increase if plans by G20 countries materialize. Per Nikkei Asian Review, G20 countries are working on a deal aimed at creating a cryptocurrency exchange registry.
2019-5-31 13:56 | |
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It has been recently revealed that the G20 countries will be coming together to discuss regulations regarding the presence of cryptocurrencies. As per news outlet, News. Bitcoin. com, the discussion stems from the fact that cryptocurrencies need further following and are required to meet the standards of the AML (anti-money laundering) and CTF (counter-terrorism financing) policies (https://news.
2019-4-19 20:20 | |
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The Financial Stability Board (FSB) is gearing up into a Japanese led G20 presidency. The FSB has already done some work with regards to cryptocurrencies, the most recent of which was the report it released on the 5th of April.
2019-4-10 16:39 | |
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This year’s G20 summit set to be held in Osaka, Japan will be the first to highlight cryptocurrencies among the main agendas. According to the information provided by Sankei’s news source, Japan led by its Prime minister, Abe Shinzo, will address digital asset economy from the point of regulation. This involves reviewing the laid regulations […]
2019-3-27 00:50 | |
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India could be making a U-turn on its directives for cryptocurrencies. Per reports from the New India Express, a second interdisciplinary committee set up by the Indian government is considering making cryptocurrencies legal in the country again but with more stringent rules.
2018-12-28 02:16 | |
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Global leaders walked away from the latest G20 Summit with a rough game plan for crypto regulation. This year’s G20 Summit took place in Buenos Aires, Argentina, from November 30 to December 1.
2018-12-4 23:44 | |
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While some countries have taken the lead to regulate various aspects of using cryptocurrencies, many have left the matter completely up in the air. This might soon change as pressure is mounting on governments to develop standards for crypto regulations, as evident by the latest G20 meeting of top politicians from around the world.
2018-12-2 20:55 | |
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G20 countries have agreed to regulate cryptocurrencies in line with Financial Action Task Force (FATF) standards at the second session of the summit held in Buenos Aires, Argentina. ‘We will regulate crypto-assets for anti-money laundering’ On Saturday, a joint declaration was officially signed by all G20 nations, reports The Saudi Gazette.
2018-12-2 17:00 | |
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The CEO of investment application Circle has urged national regulators to develop coordinated legislation for the field of cryptocurrencies. The move follows the FATF decision to issue new rules regarding the regulations of digital currencies.
2018-10-24 05:00 | |
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Speaking to Reuters in an interview in London, England on Oct. 22, Jeremy Allaire, the chief executive of the Goldman-Sachs backed cryptocurrency startup, Circle, says that the G20 must coordinate on the regulation of cryptocurrencies.
2018-10-23 14:59 | |
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“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.
2018-7-28 13:58 | |
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At the last G20 summit in March 2018, financial leadership from twenty of the world’s most significant economies had wildly divergent opinions about the validity and risk of cryptocurrencies. While some countries feared that official actions by the group would provide more legitimacy than the relatively new currencies deserved, others worried that an unregulated crypto […] The post G20 Refrains from Regulation, Vows to Fight Money Laundering at Recent Summit appeared first on CryptoSlate.
2018-7-28 05:00 | |
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Despite high-ranking government officials still speak about cryptocurrencies very cautiously, the fact that crypto-summits take place and officials are following crypto-market developments shows the potential for widespread crypto adoption.
2018-7-28 22:30 | |
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Back in a March 2018, the members of the G20 countries have decided that it was necessary to look into anti-money laundering policies that can be applied to cryptocurrencies. This decision comes from the multiple cases that previously arose in terms of money laundering, terrorism financing and several of its likes. As per a released […]
2018-7-24 16:50 | |
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The G20, yesterday, adopted the recommendation of the Financial Services Board (FSB) by declaring that cryptocurrency posed no threat to the stability of the global financial system. The G20 also reiterated the need for better monitoring of the market to prevent the use of virtual assets in financial crimes and sponsorship of terrorism. G20 Adopts […]
2018-7-24 09:28 | |
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On July 21-22, the Finance Ministers and Central Bank Governors of G20 countries met in Buenos Aires. Despite failing to come to definitive conclusions, the leaders of the world’s top economies expressed their seemingly positive yet fairly contained opinion of cryptocurrencies.
2018-7-24 00:00 | |
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The G20, yesterday, adopted the recommendation of the Financial Services Board (FSB) by declaring that cryptocurrency posed no threat to the stability of the global financial system. The G20 also reiterated the need for better monitoring of the market to prevent the use of virtual assets in financial crimes and sponsorship of terrorism.
2018-7-24 23:40 | |
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Financial ministers and central bankers from the G20 states met over the weekend in Argentina to discuss the challenges for the global economy. They reiterated their position that cryptocurrencies do not pose a risk to the financial stability.
2018-7-24 21:40 | |
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G20 – an international economic consortium with 20 member states including China, France, Germany, Argentina, and Canada – has announced it believes cryptocurrencies pose no significant risk to global financial stability… but they could lead to a series of money laundering violations.
2018-7-23 19:57 | |
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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 | |
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The G20 says cryptocurrencies do not pose a threat to the global financial system. Notwithstanding, the G20 wishes to maintain a careful observance of the emerging market to preventing its use in illicit financial activities.
2018-7-23 12:32 | |
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Despite gaining legitimacy in the eyes of many more individuals across the world, cryptocurrencies are still a contested topic within regulatory circles, especially with the regulatory bodies of developed countries.
2018-7-23 12:30 | |
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South Korea’s Financial Services Commission recently announced a “major organizational reshuffle” to help protect consumers and adapt to changing financial innovations. Part of the reorganization includes a new division to oversee the cryptocurrency sector.
2018-7-21 14:00 | |
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Risks related to cryptocurrencies do not pose a serious threat to global financial stability at the moment. However, the Financial Stability Board (FSB), the international organization established by the G20 to monitor the worldwide financial system, does not want to get caught unprepared.
2018-7-20 16:04 | |
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Cryptocurrencies are getting more attention every day, it seems, as the Financial Stability Board (FSB) announced on Monday that it had put together a standardized framework with which to monitor cryptocurrency assets.
2018-7-19 18:00 | |
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The regulators behind G20, the Financial Stability Board (FSB) have begun research on cryptocurrencies and their potential effects on the overall global economy. This comes months after the G20 meeting, in which a compromise was reached amongst different regulators and marketplaces.
2018-7-18 12:00 | |
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The Financial Securities Board (FSB) has released its report covering crypto assets for the G20 and is considering lowering the exposure of banks to cryptocurrencies. This would be to increase transparency and reduce the risk of financial instability, even though the report said crypto assets do not pose a material threat.
2018-7-17 17:56 | |
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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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The Financial Stability Board (FSB) has unveiled its monitoring framework for cryptocurrencies. The FSB framework comes as the Finance Ministers and Central Bank Governors of the G20 member nations head for a summit in Buenos Aires, Argentina.
2018-7-17 09:27 | |
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A framework has been developed for the G20 countries to “monitor the financial stability implications of crypto-assets markets. ” The Financial Stability Board says cryptocurrencies “do not pose a material risk to global financial stability” but supports their “vigilant monitoring.
2018-7-17 02:55 | |
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The Financial Stability Board (FSB) has unveiled its monitoring framework for cryptocurrencies. The FSB framework comes as the Finance Ministers and Central Bank Governors of the G20 member nations head for a summit in Buenos Aires, Argentina.
2018-7-17 23:54 | |
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One week after the Financial Services Commission (FSC) of South Korea said that it is “not opposed” to digital currencies, a Bank of Korea report claimed that cryptocurrencies do not pose a significant risk to the country’s financial system.
2018-7-10 16:19 | |
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Reports show that South Korea is now undergoing a cryptocurrency policy transformation. The people in charge are in the process of tearing down the stone wall built around the regulations related to cryptocurrencies.
2018-7-10 07:04 | |
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South Korea is continuing to legitimize and embrace cryptocurrency through a careful and considered approach. ‘The regulator isn’t opposed to cryptocurrencies’ On May 19, Bitcoinist reported that Korean regulators had agreed to apply the G20’s set of “unified regulations” in regards to cryptocurrencies.
2018-7-8 06:00 | |
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Earlier this year, top financial heads of the G20 country had a discussion for cryptocurrencies and their role in the global economy. At that time, the leaders pledged for having “unified regulations” towards the functioning of digital currencies.
2018-7-7 11:48 | |
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The SEC said that it has made revisions to its rules to apply strengthened policies in order to prevent or detect money laundering and illegal activities because they aren't opposed to cryptocurrencies.
2018-7-7 10:23 | |
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Earlier this month, global financial crimes watchdog FATF urged G-7 economies like Japan to lead by example to implement its controversial "travel rule" for crypto transfers.
The Financial Action Task Force has said it does "not require countries to indiscriminately ban virtual assets and virtual asset service providers," after Pakistan's Minister of State for Finance and Revenue said crypto cannot be legalized due to conditions set by the watchdog.
Meeting international Anti-Money Laundering standards is the latest in a series of measures Japan has taken in recent months to improve its cryptocurrency regulation.
GMEX has acquired ING’s Pyctor business to connect CeFi and DeFi amid the increasing demand for hybrid finance.
“Countries that have not introduced Travel Rule legislation should do so as soon as possible, and FATF jurisdictions should lead by example," said the organization.
Министерство юстиции Японии намерено внести поправку в закон о конфискации активов, которая позволит правоохранительным органам изымать криптовалюты, связанные с преступной деятельностью.
Комиссия по финансовым услугам Южной Кореи (FSC) и Служба финансового надзора (FSS) стараются предотвратить ситуацию с Terra.