|

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

Crypto's future lies in tokenized real-world assets, not speculation

Atlas Capital CEO Reza Bandi stated that the crypto industry's next major growth phase will be driven by the tokenization of real-world assets rather than speculative trading. In an interview with FXStreet, Bandi identified three factors supporting the expansion of tokenization.

Top 3 Price Prediction: BTC remains vulnerable, ETH weakens further, XRP signals more downside

Bitcoin, Ethereum, and Ripple remain under pressure mid-week, as the broader cryptocurrency market struggles to regain recovery momentum. BTC struggles below $62,000, ETH continues to weaken below $1,650, while XRP’s momentum indicators remain biased toward further downside.

Crypto Overview: Bitcoin is back under $62,000 – Hyperliquid, DeXe lead losses

The broader cryptocurrency market is under pressure with Bitcoin slipping below $62,000 amid the US launching its third wave of strikes on Iran. Hyperliquid and DeXe are leading losses over the last 24 hours, risking the prevailing upward trend.

Bitcoin sell-off pushes over 50% of circulating supply into loss, hinting at market bottom
Bitcoin (BTC) dropped near $61,000 on Tuesday, with the latest sell-off pushing long-term market indicators toward levels historically associated with bear-market bottoms, according to a report by K33 Research.
Bitcoin: After the bloodbath, everyone looks at $60,000
Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.