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G7 to collaborate on tighter crypto regulation: Report

Published 03/26/2023, 02:03 PM
Updated 03/26/2023, 03:40 PM

The next G7 meeting might bring a push from the seven biggest democracies for tougher regulations on cryptocurrencies around the world, Kyoto news agency reports on March 25.

Together, leaders from Japan, the United States, the United Kingdom, Canada, France, Germany, and the European Union will outline a cooperative strategy to increase crypto transparency and enhance consumer protections, as well as address potential risks to the global financial system, officials told Kyoto. This year's summit is set to happen in Hiroshima, in May.

India's finance minister, Nirmala Sitharaman, during FMCBG meeting in Bengaluru. Source: Ministry of Finance

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Latest comments

Blah blah blah they have been fumbling this for 12 years now. We don't need tougher we need reasonable
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