Re: G20Meeting: "Crypto-assets do not pose risks to global financial stability"

Quote from: kevoh on March 19, 2018, 01:54:55 PM

Quote from: BeruchN on March 19, 2018, 01:34:12 PM

Source: https://uk.reuters.com/article/us-g20-regulations-carney/g20-watchdog-focuses-on-rules-review-holds-fire-on-cryptocurrencies-idUKKBN1GU0SF

Do you think the market is responding to this? ETH and BTC both went up recently, even though the article reads more like FUD.

"For now, crypto-assets dont pose risks to financial stability, partly because they are still small relative to the financial system. Even at their recent peak, their combined global market value was less than 1 percent of global economic output, the FSB said.
"

Thoughts?

I have read the G20 article thrice now including the French version, I am yet to see anything related to FUD. FUD will not make Bitcoin price respond to the news article by going up a $1000 immediately it was published.

You are only reading the latest news from G20 but if you are watching the whole discussions in various communities and there is a lot of people are speaking and talking about the rumour of G20 will be banning crypto, and that was total bullshit.

This article was to counter all of the lousy rumour and news to spread FUD to all of the crypto users.

Please read all of the news carefully. And you will get a lot of FUD from there.