Post
Topic
Board Bitcoin Discussion
Re: G7 report regarding Bitcoin and all cryptocurrencies.
by
lobat999
on 20/10/2019, 23:11:13 UTC
Actually, its a good thing that  most countries are finally getting more awareness towards Bitcoin and cryptocurrencies and the fact that they had prepared a report for it makes it even more exciting!

I guess this are first steps towards adoption and hopefully, Governments should formulate certain  regulatory frameworks  needed if they plan to embrace it and be more crypto friendly and not become totally hostile towards cryptocurrencies!

Nevertheless, the report refers to the fact that stable coins are the exception and that such coins have real potential for everyday use.
The team that conducted the research turned up that not a single global project of stable coins can be legally used until the relevant laws are adopted or control, regulation, etc.

I think that report is fair and impartial and I really like what it had stated about stablecoins as quoted above.