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arm cuff jewelry wholesale At the G20 meeting, countries have different views on digital currencies, some are resistant to resistance, and some are active supervision. The following will take a look at the attitude of digital currencies in various G20 countries.
. U.S.
In the report of Congress in February in February, most digital currency transactions occurred in the legal gray zone. Everything that plans to regulate this industry is yet to be observed.
The
The China has issued many control measures to digital currency, such as banning digital asset exchanges and ICOs, prohibiting online access to overseas trading platforms and cutting off the power of Bitcoin miners. In Hong Kong, managers have adopted a more relaxed strategy, but it prohibits the trading platform from any transactions that digital currencies like securities without official permission. In Taiwan, the authorities are taking a wait -and -see attitude.
Japan
This President Kuroda Kuroda said that for digital currencies, the protection of consumers needs to be considered. Digital currencies need some supervision, but at the same time, it also needs to avoid hindering innovation. Digital currencies can become an advantage of financial systems.
This
S last year South Korea is a hotbed of digital currency activities, but this year is gradually strengthening control. South Korea's central bank governor Li Zhulie mentioned at the hearing of the National Planning Council and the Finance Commission that the most important thing is to find ways to protect consumers and prevent illegal acts related to digital currency.
Russia
Russia agreed to formally supervise the mining and supply of digital currency such as Bitcoin. The Russian Deputy Financial Minister said that the Russian central bank and the Ministry of Finance have reached an agreement on digital currency transactions. He said that the central bank will eventually make a decision.
EU
The EU Commission is still reviewing the regulatory framework for digital currencies. The European Securities and Market Administration, which is responsible for coordinating the standards of member states, has provided restrictions on derivatives related to digital currency related to digital currency, and is also evaluating how the EU's new Mifid II rules are applicable to digital assets. At present, there is already a rule that the platform that exchanges digital currencies with traditional currency will soon verify its customer identity.
The South African
Although the central South African Central Bank has stated that it will research and introduce the "appropriate policy framework and regulatory system", market regulatory agencies in South Africa do not supervise digital currency or digital asset exchanges.
The United Kingdom
The British Financial Market Behavior Supervision (FCA) issued warnings on ICO and digital currency risks. FCA said ICO is a high -risk and speculative investment activity. If the ICO falls into the regulatory scope of the FCA, the specific situation will be analyzed.
The German n The German financial market regulatory agency has issued a guide. The Federal Financial Regulatory Administration will carry out "strict inspections" to the tokens to determine its legitimacy. the rule of. The letter states that the tokens can represent various financial instruments, including the digital forms of stocks, derivatives and voting rights.
If France
In a report released by the French central bank in early March, it proposes to prohibit insurance companies, banks, and trust companies "participating in digital asset deposits and loans"; it also advocates prohibition of "digital assets" to the public to sell "digital assets" to the public. Savings products claim that digital currencies are not currencies and emphasize that they are not legal currencies.
Canada
The Canadian Securities Supervision Agency (CSA) issued a statement saying that considering the full process of ICO issuance, many ICO tokens meet the definition of securities and require them to abide by the securities law. In addition, CSA noticed that ICO may also be derivatives and need to be subject to the laws of derivatives passed by Canadian securities regulators, including the rules of trade reports. Regulatory agencies stated that the upcoming companies of ICOs are welcome to enter the "supervision sandbox" and test new financial products in a limited environment.
India
The Indian Securities and Exchange Commission is starting to plan to supervise the guidance policy of the Indian Bitcoin market. In addition, the Indian Securities and Exchange Commission established a financial supervision committee and held a meeting with Indian Reserve Bank (RBI) officials. The Indian Securities Exchange Commission also plans to supervise whether Bitcoin derivatives and other cryptocurrencies are used for illegal raising funds.