The Group of Twenty (G20) recognized that cryptocurrency-based technology could bring many benefits to the financial system and the international economy as well. Such an unexpected outcome was the result of a regular G20 meeting in Fukuoka.
The Alliance members called on the organizations responsible for the control of cryptocurrencies to pay more attention to industry development. They need to be assisted to stimulate growth in the industry.
An official press release on this issue was issued on the website of the Japanese Ministry of Finance. The press release also says that it is necessary to continue to work out measures against money laundering and terrorism financing as well.