The countries of the “big twenty” (G20) will meet on June 8 and 9 in Fukuoka, Japan, and discuss international rules on the fight against money laundering in the field of cryptocurrency . This news came from the Japanese news agency Kyodo on April 4.
Kyodo says that the G20 bank managers and finance ministers of the G20 member countries will attend the meeting, and the event will focus on laying the foundations for combating money laundering (AML) and the financing of terrorism (CTF).
Also, according to Kyodo, in June, countries should reach agreements on new rules, with the main goal being the anonymity of users of cryptocurrencies. In particular, the G20 participants want to establish strict identification rules for individuals performing cryptocurrency transactions , thereby making the "movement of assets more transparent."
In December 2018, the G20 countries have already called for the establishment of a taxation system for cross-border payment services, as well as AML regulation. At the same time in Argentina it was agreed that this issue will be considered at a meeting in Japan.
Earlier in October, a report by the Financial Stability Board (FSB), which advises the G20 and is supported by the Bank for International Settlements (BIS), said that digital currencies do not pose a threat to the stability of the global financial system.
Publication date 08/04/2019
Share this material on social networks and leave your opinion in the comments below.
