Final week, a committee representing the world’s 7 largest economies (G7) met in Niigata, Japan to debate, amongst different subjects, the worldwide monetary implications central financial institution digital currencies (CBDC) and legal guidelines governing the switch of cryptocurrency property.
In a communique summarizing the discussions, the committee reiterated its assist for CBDC growth, albeit with some caveats. Committee members additionally mentioned the controversial “Journey” rule demanding any monetary establishment dealing with cryptocurrency transactions over $3,000 to reveal the sender’s title, deal with, and account info. And it expressed itself full assist for the initiative.
Biden Will not Take Debt Deal That Protects Cryptocurrency Merchants
Proof of the Texas Reserve goes to the Senate
Montenegrin prosecutors appealed Do Kwon’s bail circumstances
Proceed studying Coin Telegraph.
