Updates from the current G20 summit for BITCOIN

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Good news for BTC G20 Current Regulatory Status
USA ๐Ÿ‡บ

  • ICO Prohibited, Money Laundering & Illegal Act Regulations, Cryptographic Exchange Tradition License Scheme
    European Union ๐Ÿ‡ช๐Ÿ‡บ

  • Agreed to more stringent rules to prevent money laundering and terrorist financing in Bitcoin and other virtual currency exchanges
    Japan ๐Ÿ‡ฏ๐Ÿ‡ต

  • taxation, payment instrument recognition
    Germany ๐Ÿ‡ฉ๐Ÿ‡ช

  • It is a legitimate financial instrument and may be taxable, but requires additional licenses and permits.
    England ๐Ÿ‡ฌ๐Ÿ‡ง

  • No government regulation
    France ๐Ÿ‡ซ๐Ÿ‡ท

  • Warnings about regulatory readiness (not disclosed in detail), 'risk of speculation and manipulationโ€™
    Italy ๐Ÿ‡ฎ๐Ÿ‡น

  • Some central banks consider issuing cryptocurrencies
    Canada ๐Ÿ‡จ๐Ÿ‡ฆ

  • Taxation
    China ๐Ÿ‡จ๐Ÿ‡ณ

  • Coin trading prohibited, ICO prohibited
    India ๐Ÿ‡ฎ๐Ÿ‡ณ

  • Not accepted as a means of payment, regulation of money laundering and illegal activities
    Brazil ๐Ÿ‡ง๐Ÿ‡ท

  • Financial assets not recognized, direct investment prohibited
    South Korea ๐Ÿ‡ฐ๐Ÿ‡ท

  • No anonymous account transactions (real name system), tax preparation in progress
    Australia ๐Ÿ‡ฆ๐Ÿ‡บ

  • No government regulation
    Russia ๐Ÿ‡ท๐Ÿ‡บ

  • Cryptocurrencies regulation legislation, ICO prohibition, while allowing legislation, can run a legitimate exchange
    Mexico ๐Ÿ‡ฒ๐Ÿ‡ฝ

  • Preparing taxation
    Indonesia ๐Ÿ‡ฒ๐Ÿ‡จ

  • No government regulation, prohibited from banks
    Turkey ๐Ÿ‡น๐Ÿ‡ท

  • No government regulation
    Saudi Arabia ๐Ÿ‡ธ๐Ÿ‡ฆ

  • Some regulations will be introduced but not prohibited
    Argentina ๐Ÿ‡ฆ๐Ÿ‡ท

  • No government regulation
    South Africa ๐Ÿ‡ฟ๐Ÿ‡ฆ

  • No government regulation

Updates from the current G20 summit for BITCOIN | Ecency