Following June 9 G20 meeting in Fukuoka, Japan, the G20 finance ministers, and central bank governors filed a request with the Financial Stability Board (FSB) to monitor cryptoassets-associated risks.
Apart from launching the cryptocurrency, VK developers are reportedly considering introducing a tipping service to let users send the tokens to the authors of posts that they like. The final decision on the project has not been yet made.
The unfolding year is said to bring many changes to cryptos and an intense regulation framework is going to be one of them according to Coinbase’s lead counsel in the UK.
India is likely to soften its stand on cryptocurrencies while giving them legal status but under strict regulatory measures.
On December 10, South Korea’s National Assembly along with several members of the Congress will have the first official debate in this country about crypto involving high profile government officials.
South Korea’s financial authorities are actively working on preparing new taxation plans to introduce taxes on crypto trading and ICOs.
The G20 countries will work towards establishing international taxation for cross-border payments as well as handling issues with money-laundering.
VanEck director Gabor Gurbacs said that the company is firm in its decision to get “a liquid, insured and appropriately regulated physical bitcoin ETF” in the market.
The US Congress proved cryptocurrency useless when it comes to financing terroristic activities, as none of such attempts resulted in success.
The vice president of the European Commission said that crypto assets have future in the EU but it is necessary to classify and to regulate them.