G20 Leaders Pledge Crypto-Asset Regulation After Buenos Aires Meeting
G20 leaders declared that they would regulate crypto to mitigate financial crimes in a statement after this weekend's summit.
The Financial Action Task Force has officially ruled that crypto firms worldwide must share client data with each other.
The new rules for crypto businesses will be released in June 21 but many regulators are already worried about the repercussions.
We need to solve the communication problem between crypto projects and regulators to build a healthy ecosystem, writes Shin’ichiro Matsuo.
The G20 has reaffirmed it will apply standards to counter money laundering and terrorism funding, soon to be finalized by the Financial Action Task Force.
Japan’s financial watchdog is said to be inspecting crypto exchanges over anti-money laundering measures ahead of June's G20 meeting.