World economic leaders, who have gathered in Buenos Aires, Argentina for the G20 summit, have set a July deadline to gather concrete information on cryptocurrency, but have turned away from declaring a need to actually to put in place a unified set of regulations on cryptocurrency.
The G20 also said that they would apply the standards of the Financial Action Task Force (FATF) to cryptocurrency. The FATF is an intergovernmental entity aimed at tackling money laundering and terrorist financing.
Countries like U.S. , India and South Korea have already voiced their opinions on crytocurrencies and ICOs and the need to protect investors. So it seems only natural that the topic would be raised at the G20 summit, as cryptocurrency continues to become a part of economic landscape.
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