France and Germany want to hold a discussion about cryptocurrencies at the G20 level

High-ranking officials of France and Germany appealed to discuss the regulation of the cryptocurrency market during The G20 summit, which will be held in March in Argentina. About it writes Reuters.

French and German colleagues Bruno Le Mer and Peter Altmayer sent a letter to the Argentine Minister of Finance, Luis Caputo, indicating a possible topic for discussion. The document was also signed by the heads of the Central banks of the two countries.

The letter notes that “cryptocurrencies in the foreseeable future will open many new opportunities for the global financial market, but at the same time they can pose significant risks to investors, and can also be vulnerable to financial crimes if you do not take appropriate measures.”

The authors of the letter suggest discussing the possible risks and thinking about their prevention, but what can be done in this regard, regulatory proposals are still unknown.

The meeting of the heads of the ministries and Central banks of The G20 countries will be held on March 19-20 in Buenos Aires.

Earlier, the European securities and markets authority (ESMA) included cryptocurrencies and the blockchain in a list of the main priorities of its work programme for 2018.


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