China’s Xi Jinping urges G20 to lay groundwork for CBDC adoption
China’s President Xi Jinping has called on G20 leaders to lay the groundwork for central bank digital currencies adoption by developing standards and principles.
Latest G20 News
The CoinGeek Pulse: Episode 16
In this week’s CoinGeek Pulse, Shenzhen residents receive digital yuan in People’s Bank of China’s red packet giveaway, G20 wants to set standards for sovereign digital currencies, and James Belding gave an online demonstration of the Tokenized platform.
G20 countries establish global stablecoin rules
While recognizing the rise in prominence of CBDCs, the Financial Stability Board is challenging the effectiveness and comprehensiveness of the existing financial regulations.
G20 to lay down digital currency payments groundwork by year-end: report
G20 nations could begin accepting digital payments this year after leaders from the powerful nations recently decided to lay the groundwork starting October.
G20’s Financial Stability Board warns of Libra-like stablecoin risk
The Financial Stability Board published a list of recommendations in a bid to shape a common global response to regulating stablecoins.
G20 countries move toward making FATF crypto standards the norm
The G20 group wants to see all countries adopt the policies established by the Financial Action Task Force.
Japan creates crypto manual for G20 countries ahead of summit
The G20 countries are preparing to meet in Japan this June to discuss cryptocurrencies and international guidelines of the Bitcoin space.
G20 to introduce crypto guidelines in June
The member countries of the G20 are preparing to meet once again in order to push out more regulations for digital assets.
Japan to introduce new reporting system to prevent crypto tax evasion
Japan regulators are now looking to introduce a new system that will report significant profits from crypto-based transactions.
G20 nations agree to regulate crypto in line with FATF rules
Members of G20 have signed a joint declaration calling for cryptocurrency regulations against money laundering and terrorist financing.
G20 eyes crypto AML regulatory standard by October
During its meeting in Buenos Aires, the G20 forum set out plans to put the cryptocurrency sector under anti-money laundering (AML) standards.
Financial Stability Board turns down calls for further cryptocurrency regulation
At this point there was no need for further cryptocurrency regulation since the total turnover of these currencies have very little, if any, effect on the current financial markets as they are, according to FSB President Mark Carney.