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| comment | | "parent_author":"",<br>"parent_permlink":"bitcoin",<br>"author":"vichetuc",<br>"permlink":"frenchgermanfinanceministerscallforg20cryptodiscussion-dosped2y9m",<br>"title":"French,<br> German Finance Ministers Call for G20 Crypto Discussion",<br>"body":"<img src=\"http:\/\/www.bitcoingeek.me\/wp-content\/uploads\/2018\/02\/French-German-Finance-Ministers-Call-for-G20-Crypto-Discussion.png\" alt width=\"861\" height=\"434\" \/><br>\n\nSenior officials from France and Germany are calling for the G20 group of nations to discuss cooperative action on cryptocurrencies ahead of a summit next month.\n\nIn a letter addressed to the Argentinian government \u2013 which currently holds the presidency of the G20 \u2013 French finance minister Bruno Le Maire,<br> German finance minister Peter Altmaier,<br> as well as the governors of those country's respective central banks,<br> voiced concerns about the impact of cryptocurrencies,<br> which they wrote \"could pose substantial risks for investors.\" <a href=\"https:\/\/www.reuters.com\/article\/us-germany-france-g20-crypto\/france-germany-call-for-joint-g20-action-on-cryptocurrencies-idUSKBN1FT176?il=0\" target=\"_blank\">Reuters<\/a> and the <a href=\"https:\/\/www.ft.com\/content\/03511abe-0d86-11e8-839d-41ca06376bf2\" target=\"_blank\">Financial Times<\/a> reported on the letter earlier today.\n\nWhat kind of regulation could emerge from the proposed discussions remains to be seen,<br> though the letter points to a call for \"appropriate measures.\"\n\n\"We believe there may be new opportunities arising from the tokens and the technologies behind them,<br>\" the group wrote,<br> going on to say: \"However,<br> tokens could pose substantial risks for investors and can be vulnerable to financial crime without appropriate measures. In the longer run,<br> potential risks in the field of financial stability may emerge as well.\"\n<div><\/div>\nThis letter has been several months in the making. In December 2017,<br> Le Maire <a href=\"https:\/\/www.coindesk.com\/france-wants-g20-nations-discuss-bitcoin-regulation\/\" target=\"_blank\">announced<\/a> his intention to issue the call,<br> and earlier this month U.S. Treasury Secretary Steven Mnuchin told Congress that he,<br> too,<br> <a href=\"https:\/\/www.coindesk.com\/mnuchin-talk-crypto-regulation-g20-summit\/\" target=\"_blank\">supports the move<\/a>.\n\nSource Coindesk",<br>"json_metadata":" \"community\":\"steempress\",<br>\"app\":\"steempress\/1.0.1\",<br>\"tags\":[\"bitcoin\",<br>\"cryptocurrency\",<br>\"news\",<br>\"\" " | | comment_options | "author":"vichetuc",
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