G-20 member countries to deliberate on cryptocurrencies regulations in June

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  • User identification on cryptocurrency exchanges to be used to fight criminal activities.
  • The June 2019 forum will be attended the member nations, G-20 central bank governors and finance members.

The -20 nations are planning to discuss new measures regarding anti-money laundering (AML) as well as counter-terrorism. The report on the June sitting was released on April 4. The forum will be attended the member nations, G-20 central bank governors and finance members.

The agenda of the meeting is to develop and come to understanding on a new crypto framework geared towards fighting terrorism and money laundering made possible by digital assets. The member nations expect to target anti-anonymity on platforms by calling for the identification of crypto users most of the exchanges.

Author: John Isige

Read more at: https://www.fxstreet.com/cryptocurrencies/news/g-20-member-countries-to-deliberate-on-cryptocurrencies-regulations-in-june-201904091032

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