Topic: G20 Sets July Deadline for Crypto Regulation Talk - page 2. (Read 233 times)
The G20 deadlines might seem unrealistic I agree but there are multiple variables. Countries like France and United Kingdom are subject to very tight trading regulations as does the United States. Each country has its own agenda right now and there are definitely bigger problems right now so the pushback on regulation is not surprising. We will see something happen it's just a matter of when.
The G20 meetings on Tuesday concluded with the setting of a July deadline for discussions about the regulation of cryptocurrencies as there is currently insufficient data to guide clear decisions.
Source: https://cryptovest.com/news/g20-sets-july-deadline-for-crypto-regulation-talk/
Source: https://cryptovest.com/news/g20-sets-july-deadline-for-crypto-regulation-talk/
It is unrealistic to have deadlines on issues which involve multiple nations. Certain countries like France would like cryptocurrencies to be subject to tighter regulations and had listed it in the G20 agenda. On issues like cryptocurrencies where opinions are strong and varied, you can expect progress to be very slow.
Some basic regulations could come this year, but they will continue to monitor the market.
When we go to trillions then we will be noticed much more.
When we go to trillions then we will be noticed much more.
The G20 meetings on Tuesday concluded with the setting of a July deadline for discussions about the regulation of cryptocurrencies as there is currently insufficient data to guide clear decisions.
Source: https://cryptovest.com/news/g20-sets-july-deadline-for-crypto-regulation-talk/
Source: https://cryptovest.com/news/g20-sets-july-deadline-for-crypto-regulation-talk/
When it comes to making tough decisions,the politics always postpone and wait.Cryptocurrencies exist for about 10 years and they still don`t have sufficient data to make clear decisions.
The worldwide crypto market is under 300 billion USD.It`s like the GDP of some small European country.
Why the G20 should discuss the future of crypto regulations.Because they are afraid,i guess...
In July it will be the same. The government through the banks can only control the Fiat. But the use of cryptocurrencies, they can't control. I think that the Government will take a smart decision. They will not prevent the use of cryptocurrencies but only through an exchange for Fiat. Use cryptocurrencies as money they will not give.
The G20 meetings on Tuesday concluded with the setting of a July deadline for discussions about the regulation of cryptocurrencies as there is currently insufficient data to guide clear decisions.
Source: https://cryptovest.com/news/g20-sets-july-deadline-for-crypto-regulation-talk/
Source: https://cryptovest.com/news/g20-sets-july-deadline-for-crypto-regulation-talk/
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