Cryptocurrency

Good news from G20 summit strengthens Bitcoin

Bitcoin rises up again, as G20 Finance Ministers showed no sign of will to impose restrictive measures on digital currencies at their recent meeting. Already earlier Monday, the most famous coin fell to $ 7,820 in a high two months, then fell slightly to $ 7,700 – a 3.3% increase in 24 hours.

Last week, Bitcoin gained about one-fifth of its value, continuing a steady recovery from $ 5,900 at the end of June.

At their meeting in Argentina, G20 finance ministers also discussed digital coins, and at the end of the session they said on the subject that digital currencies “do not pose a threat to global financial stability” at the moment, but everyone to remain alert.

Last March, some of the world’s most powerful economies had publicly expressed their intention to harmonize cryprobes with international financial rules, albeit to a certain extent. On Sunday, FATF was asked to “clear up by October 2018 how its own rules can be applied to digital assets.”