Saturday, February 10, 2018

G20 to make cryptocurrencies a primary agenda item at their upcoming meeting in Buenos Aires

When the G20 gets together for their first major confab in March the topic of cryptocurrencies will now be a major agenda item on their docket.

In recent days finance ministers from both France and Germany submitted requests that discussions on cryptocurrencies be scheduled during their March meetings, and these talks will range from topics such as how cryptocurrencies and the blockchain could be integrated and advanced into their financial systems, as well as perhaps the hottest topic... that of sovereign regulation.

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WORLD leaders could be set to hold talks on Bitcoin at next month’s G20 summit after French and German officials called for a discussion on cryptocurrencies at next month’s meeting. 
The finance minister and Central Bank Governors of France and Germany have requested that talks on policy and monetary implications of cryptocurrencies  be part of the agenda for March’s meeting. 
The officials put forward their request in a letter to the finance minister of Argentina, who currently hold the G20 presidency. 
They said: “We believe there may be new opportunities arising from the tokens and the technologies behind them. 
“However, tokens could pose substantial risks for investors and can be vulnerable to financial crime without appropriate measures.  
“In the longer run, potential risks in the field of financial stability may emerge as well.”
Plans to hold discussions on digital currencies comes after a large increase in interest in online money over the last 12 months. – UK Express


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