International Cryptocurrency Regulation Top of the Agenda for the Japan G20 Summit
By Jim Bulling, Felix Charlesworth and Andrew Fay
In the lead up to the annual G20 Summit, to be hosted by Japan, Prime Minister Shinzō Abe has commissioned the creation of a cryptocurrency governance manual. The manual, which will be distributed at the G20 Summit, supports a uniform approach to regulating cryptocurrencies and contains regulatory proposals and justifications relating to the following issues:
- protecting customer assets;
- international security protocols; and
- providing customers with information (particularly in the event of a hack).