G20 Won’t Alter Crypto Market Regulation
March 19, 2018
Bitcoin has shot up by $1 000 in view of G20 claiming the authorities will not set new regulation standards for crypto market.
Many crypto investors have been worried about probable results of G20 as the Governor of the Bank of England Mark Carney is a virulent Bitcoin critic and the head to the Financial Stability Board which is in charge of coordinating regulation for G20. Despite that, however, new standards for crypto market regulation haven’t been set forth. Carney told, he was all ready for accepting cryptocurrencies but they must not upset the balance of the world financial system.
Carney used to note earlier, his successor will not introduce new rules yet focused on the current ones as they are efficient and meet all challenges set.