Is There Anyone Aware For G-20 Summit For Crypto Regulation On This July?

[trupero_uno]

Hi,

I just notice on last article of G-20 summit particularly for crypto currencies part, there is an article to say for crypto regulation to be released on this July. Here is the link: https://icovoting.com/news/official-g20-calls-for-cryptocurrency-regulation-recommendations-by-july-2018

and other link is here:
https://cryptovest.com/news/g20-sets-july-deadline-for-crypto-regulation-talk/.

I hope the recent bullish sign of crypto should be affected by this issue and will be strengthen the bullish sign technically as said by some trading experts.

Is there anyone aware of this crypto regulation by this month? I am googling to find the updated news but unable to find.

[LeGaulois]

Yes, it is planned for 3 months about. Not all countries will agree and they won't reach a consensus. At the end, it doesn't too much. The only thing is to not let them use "crypto-assets" instead "cryptocurrencies". Cryptos have not been created to become an asset but a currency, a currency using the cryptographic protocols.

[trupero_uno]

Incidentally, Bitcoin price has risen in above USD 7000 rather than end of June which has touched the most bottom price on around USD 5,700. The rising signal has come not only from the fundamental side but also from analysis in technical side. For me now it is more important to see the rising of Bitcoin price rather than term using such as asset or currency, if the price is mooning then it will be a good time to talk more about term of asset or currency on crypto.