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17.11 - 11:53
G20 countries have an ‘opportunity and responsibility’ toward crypto, DeFi policies
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ambcrypto.comIndependent think tank Observer Research Foundation (ORF) opined in its latest post that G20 countries have both an “opportunity and responsibility” to coordinate policies around crypto-assets and DeFi. So much so, that it is conducive to a “sustainable, balanced, and inclusive global economic architecture.”
While the report made some key observations, let’s rewind to the first G20 discussion carried out in 2018 on the asset class.
The G20 countries signed a joint declaration in Buenos Aires that stated,
“We will regulate crypto-assets for anti-money laundering and countering the financing of terrorism in line with FATF standards, and we will consider other responses as needed.”
Having said that, the Financial Action Task Force (FATF) recently
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