G20 & CRYPTOCURRENCIES

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For now they are only speaking of regulation but that may not last if they find that they cannot create regulation that achieves their goals. Then they may move to more stringent measures and that means prohibition. I hope that never becomes the case and I also feel if it did it would be counterproductive as it would only push legitimate investment and development from crypto but leave the laundering and corruption etc.

The wording is very soft. I am glad that a categorical ban was not announced. This is good news. And I agree with you that governments simply do not know how to prohibit cryptocurrency. They will have to ban the Internet, but this is unrealistic.
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The wording is soft because they do not want to be commital at this stage, they do not have a clear idea of how to proceed and so are basically buying themselves time to see how things unfold. Also the fact that they know a ban will only prohibit the benefits of crypto but not the negatives.

While the world states take a more wait and see attitude. Most likely, they still do not know what to do with it, since it is no secret that the state as a whole is not interested in circulation of cryptocurrency. They can allow her to walk, but they will not actively support her. Therefore, the report does not even indicate its intention to use it, but only about its regulation so that the cryptocurrency does not cause harm and the lack of its overall possible danger. Therefore, the study and regulation of cryptocurrency they delay for many years.

Precisely, the G20 know little of crypto and so much remains to be seen. They won't invest much time and energy in to crypto until they know it is even going to be relevant beyond the next few years.

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I got enough replies on this side, some people say that what is happening is just "more talk ... talk" is not true, I think things are changing but slowly, there is an understanding of this technology. More shitcoins is what makes acceptance difficult.
I would like to focus on some relevant responses.

I don't think it's fair to expect governments to totally understand what crypto is about, especially because of how the far majority of the people here aren't even sure of what they are dealing with.

The G7, G20 are just fancy names for meetings where they talk ...and talk...and talk
It's nothing like an EU or UN meeting where a vote can impose something on a member it's more of a preliminary talk about what we should do in the next decade...if lucky.

It was revealed just last week that Deutsche Bank, and potentially JP Morgan and Bank of America, are caught up in the Danske Bank money laundering scheme, this one worth around €200 billion ($227 billion).

This is a joke. Key attributes of sovereign currencies? If they mean the ability to print money out of thin air, then yes, the best cryptocurrencies lack such attributes.

I will lock this topic, please PM me if you have a reply