G-20 member countries to deliberate on cryptocurrencies regulations in June
- User identification on cryptocurrency exchanges to be used to fight criminal activities.
- The June 2019 forum will be attended the member nations, G-20 central bank governors and finance members.
The -20 nations are planning to discuss new measures regarding anti-money laundering (AML) as well as counter-terrorism. The report on the June sitting was released on April 4. The forum will be attended the member nations, G-20 central bank governors and finance members.
The agenda of the meeting is to develop and come to understanding on a new crypto framework geared towards fighting terrorism and money laundering made possible by digital assets. The member nations expect to target anti-anonymity on platforms by calling for the identification of crypto users most of the exchanges.
Author
John Isige
FXStreet
John Isige is a seasoned cryptocurrency journalist and markets analyst committed to delivering high-quality, actionable insights tailored to traders, investors, and crypto enthusiasts. He enjoys deep dives into emerging Web3 tren
