|

Japan to shares its progressive crypto guidelines with G20 members

  • The G20 summit is scheduled to take place in Osaka Japan from June 28 to June 29.
  • Some members like China and India are openly anti-crypto.

Japan has established itself as one of the most crypto progressive nations around the world. For this reason, the country feels that it can share the guidelines it has formulated with the finance ministers and the central bank governors in the upcoming G20 summit.

A report published by Sankeibiz on April indicates the Japan regulators have already come up with a handbook outlining the measures to prevent the outflow of digital assets. The G20 summit is scheduled to take place in Osaka Japan from June 28 to June 29. The 19 countries represented by their finance ministers and central bank governors will discuss various topics regarding the economy as well international financial stability.

Some members like China and India are openly anti-crypto. Other members are grappling with how to properly regulate the relatively new sector. However, Japan is among the most progressive crypto countries owing to the regulatory measures put in place.

Author

John Isige

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

More from John Isige
Share:

Editor's Picks

Cardano: Under pressure as bearish derivatives cap recovery

Cardano remains under pressure, trading lower at $0.165 on Monday after mild losses in the previous week. Weakening derivatives metrics and subdued momentum indicators suggest that ADA's upside move remains limited, keeping downside risks in focus. Derivatives data for Cardano shows bearish sentiment among traders.

Bitcoin holds firm at $65,000 – AAVE and ONDO gain traction

The broader cryptocurrency market risk-off sentiment eases as the US and Iran extend the pause in missile strikes, while Oman holds peace talks. Bitcoin holds firm above $65,000 on Monday, while DeFi tokens, including Aave and Ondo, emerge as top performers over the last 24 hours.

Bitcoin extends winning streak, Ethereum clears key hurdle, XRP steadies

Bitcoin, Ethereum and Ripple begin the week on a firm footing after surging over 1%, 4% and 1%, respectively, in the previous week. BTC holds above key technical resistance after recording its fourth consecutive weekly gain.

World Foundation raises over $52M in token sale as World Network marks third anniversary
World Foundation, the nonprofit organization behind World Network, has raised $52.5 million through a strategic sale of its WLD token as the project marks three years since its mainnet launch. The funding round was led by Pantera Capital and included participation from Bain Capital Crypto, Eightco Holdings, Selini Capital, Susquehanna Crypto and other investors.
Bitcoin: BTC holds firm, but the $100 Oil threat could change the game
Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.