The Cryptocurrency Turned into The Protagonist of This G20 Summit

Jul 19, 2018 · 2 min read

With the maturity of blockchain technology and the rapid development of cryptocurrency, the current cryptocurrency has become a hot topic in the financial world, while cryptocurrency transactions have always had security problems. According to a report by NHK TV on July 17, the G20 Finance Ministers and Central Bank Governors Meeting will be held in Buenos Aires, Argentina, on July 21. The meeting was mainly aimed at setting standards for cryptocurrency regulation proposed by the G20 Summit in March.

BCDN thinks this is good news. To date, the cryptocurrency market has been driven primarily by small investors. To enable cryptocurrency markets mature over the world, regulation is very necessary. With the recognition of the G20, the investment in cryptocurrency can reach a new level, thus pushing the actual application of cryptocurrency. The G20 summit may give the cryptocurrency market an excellent opportunity to integrate and eliminate market chaos, adding a layer of protection to investors.

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