G7 Supports Stricter Crypto Regulation and Global Regulatory Framework for Cryptoassets
This rule requires service providers to share customer data The FATF believes this will solve the problem of tax defaulters The bloc is expected to present a draft global regulatory framework for cryptoassets in June The Group of Seven (G7) met in Nii ...
Financial Stability Board to Prepare Standards for Regulating Cryptocurrencies by July
In an effort to monitor the global financial system and advise G20 member countries, the Financial Stability Board (FSB) has revealed its intention to prepare standards for regulating cryptocurrencies by July. Klass Knot, the Chairman of the FSB, has notified G20 finance ministers and central ban ...