French Finance Minister called for G20 cryptocurrency discussions

nWalkout Commentary: With cryptocurrency provoking anarchy, multi-country governments since last year called for the discussion of cryptocurrency risks and measures during this year’s G20. Earlier this month, the U.S. finance ministers expressed their support for the move. Recently, French and German finance ministers also held a government call to discuss the issue to warn of the risks and recognize the potential of related technologies.n
nTranslation: Annie_Xun
March G20 summit is imminent, French and German officials called for G20 member countries to discuss joint action against cryptocurrencies.n
The Financial Times and Reuters reported that Bruno Le Maire, France’s finance minister, Peter Altmaier, the German finance minister, and the governors of the two countries submitted letters to the Argentine government holding the G20 to express their concern about the impact of cryptocurrencies on the ” Come a lot of risk. “n
It is unclear what kind of regulation the proposals will bring, but the letter calls for “appropriate measures.”n
n”We believe that tokens and the technology behind them may bring benefits, but tokens can be a big risk to investors and financial crimes can easily occur without proper measures.” In the longer term, the area of ​​financial stability There may be risks. “n
nThe letter was drafted for months, with Le Maire announcing plans for an appeal in December 2017 and earlier this month U.S. Treasury Steven Mnuchin expressed his support for the initiative.n

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