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Topic: NEWS: G20 Considers Crypto To Be An Asset Rather Than A Currency! (Read 100 times)

member
Activity: 122
Merit: 10
Do what needs to be done.
As of now it's not yet bright clear what is definite answer. Good thing is that there is no hold back or anything that will be on the way of technology growth.

Scams need to stop, but technology should remain intact.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
Source - https://www.cryptoleak.io/breaking-news-g20-considers-crypto-to-be-an-asset-rather-than-a-currency/

Crypto is an asset that can be used as a currency.

I think once crypto projects actually have a product, it can be considered a currency.

Thoughts?
It has been stated by so many countries if crypto is such as a commodity rather than become a currency.
The majority if altcoins can be considered as assets.

With the scalability problem of bitcoin means it will be more suitable to be the commodity and I was agree about that but remember crypto is not only a commodity because that was having the more advantages to be the alternative payment method.

I guess crypto has so many definitions.
full member
Activity: 532
Merit: 114
With crypto still being in its infancy, its footprints are definitely going to change over time, whether asset or currency, its ready to define the myriad facets of its growing steps.
newbie
Activity: 182
Merit: 0
Great news.

It's a start, I think they'll eventually come around and recognize it as a currency, only a matter of time.

Till then, will probably cause bull trend.
newbie
Activity: 168
Merit: 0
Source - https://www.cryptoleak.io/breaking-news-g20-considers-crypto-to-be-an-asset-rather-than-a-currency/

Crypto is an asset that can be used as a currency.

I think once crypto projects actually have a product, it can be considered a currency.

Thoughts?
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