G20 Proposes Global Framework against Crypto Risks
India’s Finance Minister insists that the only way to protect investors worldwide lies in putting concerted efforts into a global framework.
FSB, IMF and BIS to Establish Global Crypto Regulatory Framework by July 2023
By
Darya Rudz
According to the paper released following a two-day G20 Finance Ministers and Central Bank Governors meeting in Bengaluru, India, the institutions will introduce the standards for global crypto regulation in July and September.
G20 Nations Agree on Need for Collaborative Effort on Crypto Regulation
G20 nations have agreed on a common reporting standard that will ensure financial stability in their economies.
Bitcoin Dashes Above $7400, Crypto Markets Add $25 Billion
Bitcoin is back with a bang trading above $7400 with the good news of growing institutional involvement in the crypto space.
South Korea Likely to Relax Cryptocurrency Rules to Cooperate with the G20 Directives
The FSC revised its rules to apply strengthened policies in order to prevent or detect money laundering and illegal activities because they aren’t opposed to cryptocurrencies.
South Korea Plans to Announce Cryptocurrency Tax Framework by End of June
By
Darya Rudz
South Korea’s taxation ministry is planning to introduce taxes on cryptocurrency and include them in the tax plan. The issue is to be solved in June this year.
G20 Members Agreed to Prepare Crypto Regulation Recommendations by July 2018
The world’s economic leaders agreed to monitor the industry and to develop regulation proposals but no serious actions will be taken in the near future.