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IMF, World Bank, G20 Countries to Create Central Bank Digital Currency Rules

International financial authorities and 20 of the world’s largest economies are establishing official standards for regulating and issuing sovereign digital currencies.The Group of Twenty (G20) — an international forum for the governments and central bank governors from 19 countries and the European Union — said in a report today that

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World Governments at G20 Are Concerned About All Stablecoins, Not Just Libra

Stablecoins can pose risks to financial stability and need to be adequately regulated, according to the Group of 20.The G20’s Financial Stability Board (FSB) issued a comprehensive stablecoin study on April 14, presenting 10 recommendations to regulate them effectively.The regulators were spurred by the introduction of Facebook’s Libra, which

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G20 Urges Countries to Adopt Tough FATF Rules on Cryptocurrencies

Finance ministers and central bankers from the G20 are pushing for wider adoption of standards that compel cryptocurrency exchanges to disclose user information.Following a summit in the Saudi-Arabian capital Riyadh over the weekend, representatives from G20 financial institutions pressed countries that have not done so already to align themselves with

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‘V20′ Blockchain Summit to Coincide with G20 Leaders’ Meeting in Osaka This Week

‘V20′ Blockchain Summit to Coincide with G20 Leaders’ Meeting in Osaka This Week June 23, 2019 by Jon Southurst A summit to discuss unified regulatory frameworks for the blockchain industry will run alongside this week’s G20 Summit in Osaka, Japan. The two-day “V20” conference on 28-29th June will include representatives

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Regulators Discuss Cryptocurrency Legislation Ahead of G20 Summit

The cryptocurrency regulation debate is expected to be at the center of the upcoming G20 summit where representatives from various countries will evaluate the new legal action course that has been proposed by the International Financial Action Task Force. The FATF is expected to release the proposals for new international

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G20 passes guidelines for Financial Action Task Force on Money Laundering for cryptocurrencies

A meeting of G20 Finance Ministers and Central Bank Governors has passed a resolution to apply recently amended FATF (Financial Action Task Force on Money Laundering) guidelines to cryptocurrencies. “We reaffirm our commitment to applying the recently amended FATF standards to virtual assets and related providers for AML and CFT,” says

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