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G20 Starts Crypto Discussions – A Look at Global Standards


Finance ministers and central bank governors from the G20 countries have gathered this weekend for a two-day meeting ahead of the G20 summit, and cryptocurrency is among the topics of discussion. Global standard-setting bodies have submitted their policies and provided tools to help the member...

Indian Cryptocurrency Regulation Is Ready, Official Confirms


Ahead of the G20 summit, India’s new finance secretary has confirmed that the report detailing the country’s crypto regulation is now ready. It will soon be submitted to the finance minister for approval. Since Arun Jaitley opted out of cabinet responsibilities, Prime Minister Narendra...

G20 Might Create a Registry of Cryptocurrency Exchanges


In an effort to prevent digital money laundering, the Group of Twenty (G20) major advanced and emerging economies are expected to agree on creating a registry of cryptocurrency exchanges, Nikkei reported, citing no one. The report did not provide any further details about the agreement....

G20 Countries to Follow FATF to Devise Integrated Crypto Standards


The assembly of 20 biggest economies of the world, G20, has decided to announce regulations on cryptocurrencies to counter financial terrorism and money laundering in their last meeting. The members are now discussing how to devise the standards that were set by the FATF as the next G20 summit...

G20 Countries Start Implementing Unified Cryptocurrency Standards


As the G20 summit approaches, member countries have been discussing how to implement the standards set by intergovernmental organizations such as the Financial Action Task Force. While there may be some challenges in complying with the standards, the European Central Bank says the risks crypto...

What Crypto Regulations Does Japan Want the G20 to Impose – and Why?


Prime Minister of Japan Shinzo Abe. Source: Twitter, @JPN_PMO As we reach the midway point in what has already been one of the most tumultuous years yet for cryptocurrency enthusiasts, one thing is certain – the second half of 2019 is already shaping up to be every bit as eventful. Until recently...

Crypto Industry vs G20: a Fight Against 'Draconian' KYC Procedures


The cryptocurrency industry is not happy with the possibility of G20, the group of 19 large countries and the European Union, imposing stricter know-your-customer (KYC) procedures on cryptocurrency exchanges and related businesses. Calling it “more draconian than the BitLicense [New York’s...

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