Hey people of steem,
So later this month there will be a meeting to decide what global regulations should be taken when it comes to crypto. It will be a big day for crypto and you might see some big price swings when the day comes. But for what we have some info no how it might go. The FSB have determined that cryptocurrency is not a threat to "global financial stability" at this time but the do need to be monitored as they are a fast growing section.
This is positive in my opinion. Regulations are inevitable and will do a lot to bring trust to new investors. If done properly it can help protect the investors while encouraging growth for the field. Personally I want to see something like France's policies adopted world-wide. They have an 8% tax for crypto. Japan is also another country who is pushing the space forward.
With a majority of the G20 open to crypto we should get a fair response this month. But I think it will still be early and will be closer to strategies to watch then solid rules. But we will see.
Here is the link for more info:
http://www.france24.com/en/20180716-regulator-unveils-plan-monitor-cryptocurrency-threat
