The G20 Summit will not develop any new rules or regulations pertaining to the cryptocurrency market. They will however review the current regulations in current member countries.
This could be a big sentiment boost for investors in the space, as crypto has had a large correction in the last couple of months.
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It is said in the summit that Crypto-assets do, however, raise issues with respect to consumer and investor protection, market integrity, tax evasion, money laundering and terrorist financing. Crypto-assets lack the key attributes of sovereign currencies. At some point they could have financial stability implications.” so no way out yet
Stating the obvious. They need to be careful not to wake too many sheep up too. They are screwed. Unless the internet is shutdown, we have a worldwide famine and military state, etc... Freedom is coming friends.
Whether or not this means the volatility in the cryptocurrency market is finally behind us remains to be determined. There is still a lot of bearish pressure on all markets as of right now, and it seems the current 24-hour gains could be wiped out in a matter of hours. For the time being, caution is still advised, even though the recent price dip has certainly created an excellent buying opportunity for both novice enthusiasts and investors alike. This was their other thing mentioned in the summit but it might be the case that Govt setup is afraid of crypto centralisation and they fear that they would be held more accountable in the coming times for crypto centralisation. Yea that's true internet shutdown, freedom Is a passion and govt establishments lack on that passion my friend
that cryptocurrencies needed to be examined, but that more information was needed before any regulations could be proposed, they have offered this as a relief, by stating they will till June for further regulations needed on crypto.. let's keep hope
It's about time for crypto to go up.
I was expecting it in the middle of April though.
Let's not rush. Investing is not a one-day thing.
It can bring more investors to the crypto space.
Each time they discuss something like that they can affect the market value.
To be honest, I'm not worried because there is one excellent news today like: Tennessee Legalizes Bitcoin and Other Cryptocurrencies...I would not worry at all as most of the richest people in the world owe most of the coins and owe biggest part of Bitcoin...Thanks for G20 news🤗
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HODLs is best policy for a while i think and thanks for this post keep it up and stay blessed .
It is said in the summit that Crypto-assets do, however, raise issues with respect to consumer and investor protection, market integrity, tax evasion, money laundering and terrorist financing.
They see crypto issue as a non threat to them.they are wrong tough...
Cryptos are growing exponentially and soon enough it is going to be a problem for them...Actually this is good news as far as i am concerned. For all the investors
You make your dtube about crypto.but this time any crypto very low..
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Yes! No new rules per say.
But some countries have implemented some level of regulation in the crypto space.
Yes I agree with this as some countries have started a close monitoring on exchange websites e.g Japan.
Like my friend said, it would be difficult for cryptocurrency to be a sovereign currency.
And personally, I feel the involvement of Government is a welcome development as it would provide a more safer means for investors.
But as we noticed, the prices of various coins are faring well at the moment but let's not set aside or ignore regulatory threats.
#TeamHodlers
#MyThoughts.
you have done a great job man, and let me say you are pretty cute too 😍 you have pretty good sense of humour...
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subscribed, followed, upvoted
well said that's good news, for crypto traders awesome video, if its could happen in future its must good for all invester, hopefully we will see crypto on the high level. Its good to hear G20 will not rules and regulate in crypto for now
Its really things big now the time to fully hodl for in out future benefits. In g20 meeting we saw that now crypto is calling crypo asset so yeha its good hahaha. So lets what happend next .. btw thanks for your explanation
Wow
I've been waiting for this great time to come. Now I do have the confidence to buy and own more cryptocurrencies.
Thanks for sharing this great post
lets HODL ... and destroy every damn thing that comes in the way
Are we seeing the start #bitcoin $BTC reversal, I wonder????
I think so sir .. and thank you sir for giving such giveaways .. its just lots for me
Great job done by you.im impressed..good initiative to exposer to all..it will helpfull to the new users too.
thanks for such a good topics.
This is a spammer, it copy and paste this and other comments on different posts
Great work awesome video you always doing great work and make an awesome video thanks for sharing Thanks for sharing on dtube keep it up I appereciate you
The G20 Summit will not develop any new rules or regulations pertaining to the cryptocurrency market. They will however review the current regulations in current member countries.
Hodl for dear life. Crypto is hodler not for panic sellers.
i think crypto will still take some time to make a mark in every nation
there are some positive steps underway
which will definitely boost crypto in future
It's time for crypto to reach cryptopia..
We've been down for way too long now
The present cryptocurrency market has many problems where I think many people should know about cryptocurrency, but still those who do not know they should refrain from investing in cryptocurrency because cryptocurrency is currently going down very low, which we need to keep in mind!
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i like dtube
Every country for sure will see the future in crypto very soon. We have realised it they also will realise it soon. However it needs little educating because its a trifle complicated matter to understand.
wow very nice post
Yet , but they will have to do it in some point i think they should do it long time ago and make sure it's done in good way, as long as they do not doing it they open the door for scams and frauds
Well, any kind of positive news is welcome after all the FUD we have seen so far. Hopefully more and more positive news will come out and we will see the whole market come back to where it was! Hopefully...
i agree with you The G20 Summit will not develop any new rules
Many people have suffered many problems in this change of the cyptocurancy market.
I then checked their websites
thanks for sharing your informative blog
Crypto is our feature and every one accept it trhanks for video
It sounds like a good story for the crypto market. At least we don't hold much fear of the unknown. I was kinda worried that they might be some extreme regulations in the market but I knew they will be no ban on bitcoin and altcoins. Let's see how it will unfold.
Ajarin kami
Great thing you've got going on here I hope to see more "Crypto Trek" in the future
Also I love that name
It is really informative video.
thanks for sharing.
You are doing great job.
Well that is indeed a good news for all of us related to crypto !
Steem on !
dtube growth has been immense its growing 37 time faster than steemit according to the alexa stats and great news from G20 summit this time not thrown any hammer by the govt :D
I highly recommend you Manna, a new emerging crypto currency which is being distributed on a weekly basis to all those signed up, without further conditions involved. I think Steemit is great and so is DTube, but it doesn't solve the root problem of unequality. My viewpoint is that BEING is enough to have the right to receive payments, which is also the project's perspective. I highly recommend it :)
Great post!
Thanks for tasting the eden!
So if decide to buy 10,000 steem now I hope the G20 will not come and fight cryptocurrencies making me loose stakes
Good news! Let's get some bulls back on the floor. 😊
Yes, you are right, Indonesia is also one country in this group.
Dtube to the moon :-) One of the best alternatives so far!
how can they crack down other than the exchanges? The genie is out of the bottle and this is just the infancy of crypto. This is going to lead to a massive redistribution of wealth and a major loss to governments who have no way to tax or regulate it.
hope they will regulate crypto in near future because crypto age is only 9 years. so may be take more time to regulate it. we should share crypto knowledge worldwide.