The French finance minister called for G20 members to discuss Bitcoin regulation

nBankruptcy comment: According to Reuters reported yesterday, French Finance Minister Bruno Le Maire said he will propose to Argentina, the new G20 rotating presidency, to hold Bitcoin regulation as one of the topics for discussion at the summit in April next year. Earlier this month, the French government just approved the new rules to allow unregistered securities to trade on the blockchain, demonstrating a positive regulatory attitude.n
nTranslation: Clovern
The French finance minister plans to push discussions on Bitcoin regulation at the 2018 G20 summit.n
Reuters reported yesterday that French Finance Minister Bruno Le Maire said in an interview on Sunday that he would propose to Argentina, the new G20 Presidency, that bitcoin regulation be one of the topics for discussion at the summit in April next year.n
Le Maire said:n
n”I am going to propose to Argentina, the next G20 president, to discuss the bitcoin issue at the G20 summit in April, a clear risk of speculation, and we need to think about it and look at it and see how it works with all Other G20 member states are monitoring Bitcoin. “n
nHow this dialogue will unfold remains to be seen. However, representatives from G20 countries have been discussing the subject through the Financial Stability Board, which has been researching the technology since 2016.n
In fact, it is perhaps not surprising that Le Maire wants to move in that direction, given France’s active regulatory approach to the technology.n
Earlier this month, for example, the French government approved the new rules to allow unregistered securities to trade on the blockchain.n
Earlier this year, the French financial regulator also launched a project called UNICORN, which aims to lay the groundwork for the sale of tokens with the support of the Financial Market Regulators (AMF).n

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