Japan will present cryptos regulatory project in G20 Summit
The nation, host of this meeting, will take the opportunity to show the world leaders the encryption rules of cryptocurrencies
For the next G20 Summit, in which cryptocurrencies are oart of the agenda, Japan – the host country – began the preparation of a rule book for the leaders of this group that includes a regulatory framework for digital assets.
Osaka wll host the meeting of the G20’s top leaders and the country will also host the ministerial meetings so it has the right to establish a large part of the agenda of the talks.
In addition to Japan, another 19 countries will be part of the meeting, among which will be members of the European Union, invited nations and international organizations.
The G20 members are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, South Korea, South Africa, Russia, Saudi Arabia, Turkey, the United Kingdom, the United States and the European Union.
Japan has wanted for long to show the rules of cryptocurrency encryption, so they consider it valuable to present them to world leaders in order to reach an agreement on joint laws.
The main thrust of countries towards cryptographic regulation is the fact that some G20 countries have strict regulations on digital assets, while others do not have any established regulations.
K. Tovar
Source: Crypto-Economy
