https://www.reuters.com/article/us-global-bitcoin-france-germany/france-germany-to-make-joint-bitcoin-regulation-proposal-at-g20-summit-idUSKBN1F728X
Lets hope the other G20 countries ignore them.
Quote
PARIS (Reuters) - France and Germany will make joint proposals to regulate the bitcoin cryptocurrency at the next summit of the G20 group of major economies in Argentina in March, French Finance Minister Bruno Le Maire said on Thursday.
“We will have a joint Franco-German analysis of the risks linked to bitcoin, regulation proposals and these will be submitted as a joint proposal to our G20 counterparts at the G20 summit in Argentina in March,” Le Maire told reporters.
“We will have a joint Franco-German analysis of the risks linked to bitcoin, regulation proposals and these will be submitted as a joint proposal to our G20 counterparts at the G20 summit in Argentina in March,” Le Maire told reporters.
Lets hope the other G20 countries ignore them.
And why do you hope that?
The article has no info on what kind of regulations they plan on proposing.
Besides that, what is so bad about regulation?Japan did it , and that is one of the reasons where at >10k$.
Anyhow, if France and Germany propose something then it will come to the members and we have China, Russia, Saudia Arabia and Indonesia from the "ban" block and South Korea, India from the regulation block plus the UK, Italy and of course the EU votes who also have quite the same stance.
So if anything, regulation might be desired rather than letting China and Indonesia proposing something.
Also , is this not one month old news?
https://www.reuters.com/article/uk-markets-bitcoin-g20/french-finance-minister-calls-for-bitcoin-regulation-debate-at-g20-idUSKBN1EB0SZ
This Finance Minister has appointed a "Sir Bitcoin" and gave him instructions to think about how to regulate the cryptos.
The guy appointed was governor at the central banker and anti-bitcoin on top of that.
The guy appointed was governor at the central banker and anti-bitcoin on top of that.
Source for this?
