Leaders of the G20 commit to regulate cryptographic assets

The G20 Summit in Buenos Aires culminated this December 1st. World leaders analyzed the global financial scenario, and the regulation of cryptocurrencies did not escape the agenda

During the G20 Summit recently held in Buenos Aires, world leaders addressed crucial aspects for the development of the peoples. The issue of cryptographic currency did not escape the agenda. In fact, the participants agreed to regulate these assets for the welfare of nations.

The leaders of the countries that make up the group closed the discussions with their willingness for a sustainable development agreement which will include the feasibility of an open financial system and international standards that regulate new technologies.

It includes, of course, the cryptocurrencies that are currently booming and are part of the global trade system. In this regard, they said: “We will intensify our efforts to ensure that the potential benefits of technology in the financial sector can be realized while mitigating risks.”

They added that they will regulate cryptocurrencies to combat crimes such as money laundering, fraud, financing of terrorist acts according to the rules of the Financial Action Task Force (FATF).

Faced with negative statements about digital currencies such as bitcoin from IMF or World Bank officials, doubts and distrust are increasing. Undoubtedly, world leaders will make new announcements about blockchain technology, cryptocurrencies and the global financial scenario to create a reliable ecosystem.

M.Pino

Source: Criptomonedaseico

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