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The Organization for Economic Cooperation and Development (OECD) has issued a report to the G20 finance ministers and central bank governors. The report examines the accomplishments and aims of the OECD in advancing its efforts to “redefine the international landscape,” identifying new technologies cryptocurrencies and distributed ledger technology as posing unique challenges to “tax transparency.” … Read more
Bitcoin is allegedly entering a recovery phase, and is now trading for just under $9,000. Following two harsh weeks of negative sentiment from both Google and Twitter, bitcoin is once again showing an ability to surpass the latest resistance levels and spike through new territory. Many allege that a positive response to this year’s recent … Read more
Cryptocurrencies were up for debate at the G20 meeting and it looks like there was some ground made with a July regulatory recommendation deadline being set #IN_DEPTH Go to Source Powered by WPeMatico
Nations forming the Group of 20 (G20) summit in Argentina this week issued Comunicado oficial de la primera reunión de ministros de Hacienda y presidentes de Bancos Centrales del G20, or first communication from the world’s central bankers concerning their work. The two page document is crammed with statements, and on the final page bankers … Read more
Bitcoin breaches 9k barrier, but not for long. At press time is trading in high 8ks. #NEWS Go to Source Powered by WPeMatico
The FSB note was in part a procedural step to the G20 summit, which includes discussions on a range of supervisory matters, including cryptocurrencies #EXPERT_TAKE Go to Source Powered by WPeMatico
Cryptocurrency markets continue bouncing around yesterday’s levels, news about G20 proceedings to make further signals. #NEWS Go to Source Powered by WPeMatico
A lot of people are concerned that the G20 will crack down on cryptocurrency and potentially even ban Bitcoin and altcoins. So far, it seems those concerns are unnecessary, as the group has no immediate plans to intervene in this industry. In fact, the group has rejected the call for regulation, which is an extremely bullish … Read more
G20 draft document released before Tuesday crypto discussion writes of crypto as an asset rather than a currency #NEWS Go to Source Powered by WPeMatico
Bitcoin has enjoyed a small jump following yesterday’s monthly low. At press time, the coin is trading for just over $8,300 following a rough stint that saw it meandering at the $7,600 mark during the early hours of March 18. For every factor contributing to bitcoin’s rise, there seems to be one knocking it back. … Read more
