{"id":4220,"date":"2020-12-14T12:47:57","date_gmt":"2020-12-14T12:47:57","guid":{"rendered":"https:\/\/atozcrypto.org\/?p=4220"},"modified":"2020-12-14T12:47:57","modified_gmt":"2020-12-14T12:47:57","slug":"g7-finance-ministers-support-regulating-cryptocurrencies","status":"publish","type":"post","link":"https:\/\/atozcrypto.org\/g7-finance-ministers-support-regulating-cryptocurrencies\/","title":{"rendered":"G7 Finance Ministers Support Regulating Cryptocurrencies"},"content":{"rendered":"

\"Back<\/a><\/p>\n

There’s strong support among G7 countries for regulating cryptocurrencies<\/p>\n

In its Dec. 7\u00a0press release<\/a>, the United States Department of the Treasury (USDT) mentions that the finance ministers of the G7 countries voiced strong support for regulating cryptocurrencies during a recent video conference:<\/p>\n

There is strong support across the G7 on the need to regulate digital currencies.\u00a0Ministers and Governors reiterated support for the G7 joint statement on digital payments issued in October.<\/p><\/blockquote>\n

The meeting\u2014which included outgoing U.S. Treasury Secretary Steven Mnuchin\u2014touched upon fending off\u00a0illegal use cases of digital assets.<\/p>\n

\"\"<\/a><\/p>\n

Regulatory risks<\/h2>\n

In late November, Bitcoin nosedived\u00a0after Coinbase CEO Brian Armstrong spilled the\u00a0beans about a crackdown on self-custodied cryptocurrency wallets mulled over by Mnuchin.<\/p>\n

Mnuchin has been the source of long-simmering angst in the cryptocurrency community because of his anti-crypto statements. Back in July 2019, he made it clear that the novel asset class would be tamed with\u00a0“very, very strong” regulations<\/a>. According to a book penned by ex-National Security Adviser John Bolton, he was personally\u00a0told by U.S. President Donald Trump to clamp down on Bitcoin.<\/p>\n

This hostility runs far beyond partisan lines.\u00a0His successor\u2014former Federal Reserve\u00a0chair\u00a0Janet Yellen\u2014is not a Bitcoin fan either.<\/p>\n

Meanwhile, the\u00a0STABLE act that was introduced by far-left\u00a0Democratic lawmaker\u00a0Rashida Tlaib\u00a0aims to make it illegal to issue stablecoins that are not green lit by federal agencies.<\/p>\n

As\u00a0reported by U.Today<\/a>, billionaire\u00a0Ray Dalio predicted that it could become “too dangerous” to even use Bitcoin in the future because of draconian government regulations.<\/p>\n

source: https:\/\/u.today\/breaking-g7-finance-ministers-support-regulating-cryptocurrencies
\n\"Back<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

There’s strong support among G7 countries for regulating cryptocurrencies In its Dec. 7\u00a0press release, the United States Department of the Treasury (USDT) mentions that the finance ministers of the G7 countries voiced strong support for regulating cryptocurrencies during a recent video conference: There is strong support across the G7 on the need to regulate digital …<\/p>\n","protected":false},"author":1,"featured_media":4221,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pgc_meta":"","_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[61,15],"tags":[],"aioseo_notices":[],"yoast_head":"\nG7 Finance Ministers Support Regulating Cryptocurrencies - AtoZcrypto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/atozcrypto.org\/g7-finance-ministers-support-regulating-cryptocurrencies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"G7 Finance Ministers Support Regulating Cryptocurrencies - AtoZcrypto\" \/>\n<meta property=\"og:description\" content=\"There’s strong support among G7 countries for regulating cryptocurrencies In its Dec. 7\u00a0press release, the United States Department of the Treasury (USDT) mentions that the finance ministers of the G7 countries voiced strong support for regulating cryptocurrencies during a recent video conference: There is strong support across the G7 on the need to regulate digital …\" \/>\n<meta property=\"og:url\" content=\"https:\/\/atozcrypto.org\/g7-finance-ministers-support-regulating-cryptocurrencies\/\" \/>\n<meta property=\"og:site_name\" content=\"AtoZcrypto\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-14T12:47:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/atozcrypto.org\/wp-content\/uploads\/2020\/12\/g7.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"736\" \/>\n\t<meta property=\"og:image:height\" content=\"460\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"AtoZcrypto\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"AtoZcrypto\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/atozcrypto.org\/g7-finance-ministers-support-regulating-cryptocurrencies\/\",\"url\":\"https:\/\/atozcrypto.org\/g7-finance-ministers-support-regulating-cryptocurrencies\/\",\"name\":\"G7 Finance Ministers Support Regulating Cryptocurrencies - AtoZcrypto\",\"isPartOf\":{\"@id\":\"https:\/\/atozcrypto.org\/#website\"},\"datePublished\":\"2020-12-14T12:47:57+00:00\",\"dateModified\":\"2020-12-14T12:47:57+00:00\",\"author\":{\"@id\":\"https:\/\/atozcrypto.org\/#\/schema\/person\/4385199dcdeec6bd69b0fb4158673b0b\"},\"breadcrumb\":{\"@id\":\"https:\/\/atozcrypto.org\/g7-finance-ministers-support-regulating-cryptocurrencies\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/atozcrypto.org\/g7-finance-ministers-support-regulating-cryptocurrencies\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/atozcrypto.org\/g7-finance-ministers-support-regulating-cryptocurrencies\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/atozcrypto.org\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"G7 Finance Ministers Support Regulating Cryptocurrencies\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/atozcrypto.org\/#website\",\"url\":\"https:\/\/atozcrypto.org\/\",\"name\":\"AtoZcrypto\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/atozcrypto.org\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/atozcrypto.org\/#\/schema\/person\/4385199dcdeec6bd69b0fb4158673b0b\",\"name\":\"AtoZcrypto\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/atozcrypto.org\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e2c8254f59dd013c234edbb46471dfe8?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e2c8254f59dd013c234edbb46471dfe8?s=96&d=mm&r=g\",\"caption\":\"AtoZcrypto\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"G7 Finance Ministers Support Regulating Cryptocurrencies - AtoZcrypto","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/atozcrypto.org\/g7-finance-ministers-support-regulating-cryptocurrencies\/","og_locale":"en_US","og_type":"article","og_title":"G7 Finance Ministers Support Regulating Cryptocurrencies - AtoZcrypto","og_description":"There’s strong support among G7 countries for regulating cryptocurrencies In its Dec. 7\u00a0press release, the United States Department of the Treasury (USDT) mentions that the finance ministers of the G7 countries voiced strong support for regulating cryptocurrencies during a recent video conference: There is strong support across the G7 on the need to regulate digital …","og_url":"https:\/\/atozcrypto.org\/g7-finance-ministers-support-regulating-cryptocurrencies\/","og_site_name":"AtoZcrypto","article_published_time":"2020-12-14T12:47:57+00:00","og_image":[{"width":736,"height":460,"url":"https:\/\/atozcrypto.org\/wp-content\/uploads\/2020\/12\/g7.jpg","type":"image\/jpeg"}],"author":"AtoZcrypto","twitter_card":"summary_large_image","twitter_misc":{"Written by":"AtoZcrypto","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/atozcrypto.org\/g7-finance-ministers-support-regulating-cryptocurrencies\/","url":"https:\/\/atozcrypto.org\/g7-finance-ministers-support-regulating-cryptocurrencies\/","name":"G7 Finance Ministers Support Regulating Cryptocurrencies - AtoZcrypto","isPartOf":{"@id":"https:\/\/atozcrypto.org\/#website"},"datePublished":"2020-12-14T12:47:57+00:00","dateModified":"2020-12-14T12:47:57+00:00","author":{"@id":"https:\/\/atozcrypto.org\/#\/schema\/person\/4385199dcdeec6bd69b0fb4158673b0b"},"breadcrumb":{"@id":"https:\/\/atozcrypto.org\/g7-finance-ministers-support-regulating-cryptocurrencies\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/atozcrypto.org\/g7-finance-ministers-support-regulating-cryptocurrencies\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/atozcrypto.org\/g7-finance-ministers-support-regulating-cryptocurrencies\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/atozcrypto.org\/"},{"@type":"ListItem","position":2,"name":"G7 Finance Ministers Support Regulating Cryptocurrencies"}]},{"@type":"WebSite","@id":"https:\/\/atozcrypto.org\/#website","url":"https:\/\/atozcrypto.org\/","name":"AtoZcrypto","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/atozcrypto.org\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/atozcrypto.org\/#\/schema\/person\/4385199dcdeec6bd69b0fb4158673b0b","name":"AtoZcrypto","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/atozcrypto.org\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e2c8254f59dd013c234edbb46471dfe8?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e2c8254f59dd013c234edbb46471dfe8?s=96&d=mm&r=g","caption":"AtoZcrypto"}}]}},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/atozcrypto.org\/wp-json\/wp\/v2\/posts\/4220"}],"collection":[{"href":"https:\/\/atozcrypto.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/atozcrypto.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/atozcrypto.org\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/atozcrypto.org\/wp-json\/wp\/v2\/comments?post=4220"}],"version-history":[{"count":1,"href":"https:\/\/atozcrypto.org\/wp-json\/wp\/v2\/posts\/4220\/revisions"}],"predecessor-version":[{"id":4222,"href":"https:\/\/atozcrypto.org\/wp-json\/wp\/v2\/posts\/4220\/revisions\/4222"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/atozcrypto.org\/wp-json\/wp\/v2\/media\/4221"}],"wp:attachment":[{"href":"https:\/\/atozcrypto.org\/wp-json\/wp\/v2\/media?parent=4220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/atozcrypto.org\/wp-json\/wp\/v2\/categories?post=4220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/atozcrypto.org\/wp-json\/wp\/v2\/tags?post=4220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}