Re: [2018-03-20] G20 Considers Crypto As Assets, Not Currencies

Quote from: shakaru on March 20, 2018, 02:38:34 PM

A draft of a G20 document -- acquired by Bloomberg -- reads that cryptocurrencies lack the traits of sovereign currencies, implying that the G20 considers crypto to be an asset rather than a currency, Bloomberg writes today, March 20.

The issue of how to define cryptocurrencies is expected to be discussed this afternoon, according to Bloomberg.

https://cointelegraph.com/news/g20-considers-crypto-as-assets-not-currencies-according-to-document-draft

Even if the G-20 countries today consider the classification of the Crypto-currency, (previously they asserted that there is no issue on the discussion of the Crypto currency in the agenda of this summit), it will be something in common. If they decide that this is only an asset, and not money, it will give the Crypto-currency some advantages in terms of taxation. However, let us wait a bit and get acquainted with the adopted document, if any, at all.