Japanese representatives will push for the adoption of global rules on cryptocurrencies at the upcoming G20 meeting in Argentina. Next week, the summit will gather finance ministers and central bankers in Buenos Aires. Other countries also want to put crypto matters on the table, with signals coming from key members of the European Union.
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https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/Well, as a reason to just move ahead generally, I would say it is not bad but for the fact that regulation is becoming a thing we have to just accept, I would just say we do not have any choice and I hope it does not end up with the governments trying to frustrate everything. However, it is a good thing and at least for us to just move on once and for all without the government breathing down our neck and raising FUDs, this would make some sense.
At least from what Japan has been able to achieve in a period of few months of regulation, I am sure they will have a lot to tender on why it would be a welcome development if they all embrace it rather than trying to fight it. Japan has taken the bold step already, and it is left for others to follow. I know a lot have been a bit skeptical with regulations, but at this stage, it is more like regulation or nothing and at least regulation will create more awareness.