I think this is good news to all crypto enthusiast

[Gileadorji12]

Online reports noted that FATF will meet with the Gulf
Cooperation Council and the European Commission in a
bid to establish legally binding regulations for
cryptocurrency exchanges globally.

https://atozmarkets.com/news/financial-action-task-force-plans-global-legally-binding-crypto-exchange-regulations

[arpon11]

That is the right way out.  Regulating cryptocurrencies will attract governments and financial institutions into cryptocurrencies investment.  Many of us here have lost money investing into one scam projects to another because there are not regulated. If plan is underway to keep cryptocurrencies but regulate then I think it is a welcome development.

[quality.crypto]

That is the right way out.  Regulating cryptocurrencies will attract governments and financial institutions into cryptocurrencies investment.  Many of us here have lost money investing into one scam projects to another because there are not regulated. If plan is underway to keep cryptocurrencies but regulate then I think it is a welcome development.

Yes, regulation will control many fake ICO because many people are loosing their money by choosing the bad ICO, so in order to control these government and financial instutions should start legalising the ICO's and cryptocurrency exchanges.

[Bithunters]

This is news to bind the power with the cooperation between FATF with the meeting of Europa Commission in the bidding to make binding offer legally, what else i think for the exchange of cryptocurrency globally each using the capital of full trust whithout any binding legal foundatoin when there is an adverse event by eather party

[polishwarrior]

hopefully the meeting will result in a good deal for the world of cryptocurrency and gain official recognition worldwide

[btcdiggingmaster]

Recognising will always have huge growth but once they start legalising they should accept payments in terms of crypto currency because on the basis of products company is developing specific coins. If they start doing every company will start investing into crypto currency.

[sunsilk]

Wow so this is one of the result from the G20 summit that was held last March this year.

They want to regulate cryptocurrencies which will divide the believe of some crypto enthusiasts who are into decentralization.

But most of the coiners like it to come, it will add demand and regulations do guarantee that there's a support from the government. It will also destroy the main belief of no coiners that crypto's are scams.