G20 Financial Chairman says Cryptocurrencies “Not a Risk” – Lighter Regulations Ahead?

19 Mar

G20 Financial Chairman says Cryptocurrencies “Not a Risk” – Lighter Regulations Ahead?

Source: Crypto News
G20 Financial Chairman says Cryptocurrencies “Not a Risk” – Lighter Regulations Ahead?

G20

This weekend, the finance ministers of the world’s largest economies were told that cryptocurrencies “do not pose any risk” to the global financial system. The two-day G20 summit starts today in Argentina but Mark Carney, the Financial Stability Board (FSB) Chairman, made a statement just before the chiefs headed to the summit. The FSB is the body that coordinates the financial regulations for the G20 countries.

Carney said:

“As its work to fix the fault lines that caused the financial crisis draws to a close, the FSB is increasingly pivoting away from the design …

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