G20 about BTC and Crypto

money2money

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Good news for BTC G20 Current Regulatory Status

#USA
- ICO Prohibited, Money Laundering & Illegal Act Regulations, Cryptographic Exchange Tradition License Scheme

#Japan
- taxation, payment instrument recognition

#Germany
- It is a legitimate financial instrument and may be taxable, but requires additional licenses and permits.

#England
- No government regulation

#France
- warnings about regulatory readiness (not disclosed in detail), 'risk of speculation and manipulation’

#Italy
- Some central banks consider issuing cryptocurrencies

#Canada
- Taxation

#China
- Coin trading prohibited, ICO prohibited

#India
- Not accepted as a means of payment, regulation of money laundering and illegal activities

#Brazil
- Financial assets not recognized, direct investment prohibited

#South Korea
- No anonymous account transactions (real name system), tax preparation in progress

#Australia
- No government regulation

#Russia
- Cryptocurrencies regulation legislation, ICO prohibition, while allowing legislation, can run a legitimate exchange

#Mexico
- Preparing taxation

#Indonesia
- No government regulation, prohibited from banks

#Turkey
- No government regulation

#Saudi Arabia
- Some regulations will be introduced but not prohibited

#Argentina
- No government regulation

#Republic of South Africa
- No government regulation

#European Union
- Agreed to more stringent rules to prevent money laundering and terrorist financing in Bitcoin and other virtual currency exchanges
 
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