Thursday, August 11, 2022
  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home News

France To Propose Bitcoin Regulation At Next G20 Summit

by Farhan
December 19, 2017
52
SHARES
Share on FacebookShare on Twitter

French Finance Minister, Bruno Le Maire, is set to propose Bitcoin regulation when the G20 meets again next year. This comes after the cryptocurrency reaches new heights very week, leading to speculation that it may be a bubble waiting to burst.

This is perhaps troubling news for cryptocurrencies as a whole; since one of the main draws was the unregulated and decentralised nature of the entire operation. World governments stepping in to oversee everything could rapidly change how Bitcoin works, which could also trickle down to other similar currencies like Ethereum or Litecoin.

It’s no surprise that France is taking the lead on Bitcoin regulation in the international forum of central bank governors. The European Union has already agreed on new regulations to prevent money laundering and terrorism financing using cryptocurrency. It is these steps that are likely to be brought up at the G20 summit.

ADVERTISEMENT

Governments have expressed some concern about the anonymous nature of crytocurrency, which makes it very difficult to trace where the funds go. The fear is that they are being used to fund terrorists and organised crime; although no evidence of such activity has been found yet.

That said, North Korea has already been accused of trying to steal Bitcoin for its own uses. Not that anyone knows what it plans to do with all that money.

[Source: Reuters]

Follow us on Instagram, Facebook, Twitter or Telegram for more updates and breaking news. 

Tags: BitcoinG20
Back to top
Share21Tweet13SendShare

ADVERTISEMENT

RELATED ARTICLES

bitcoin cryptocurrency
Cryptocurrency

Bitcoin Value Plunges More Than 25 Percent Overnight

by John Law
June 14, 2022
Bitcoin crypto mining
Cryptocurrency

Bitcoin Loses More Than RM40000 In Value In Less Than A Month

by John Law
May 13, 2022
bitcoin cryptocurrency
Cryptocurrency

Central African Republic Adopts Bitcoin As Legal Tender

by Ikmal Rozlan
April 28, 2022
TNB bitcoin mining
Cryptocurrency

TNB Wants To Implement Special Tariff For Cryptocurrency Mining

by Ikmal Rozlan
March 2, 2022
Load More
No Result
View All Result

TRENDING TODAY

  1. 1
    Apps

    WhatsApp Is Giving You Two Whole Days To Delete Messages

  2. 2
    Fintech

    Maybank Apple Pay Page Is Now Live [UPDATED]

  3. 3
    Fintech

    Apple Pay Finally Arrives In Malaysia: Supports Maybank, AmBank, and Standard Chartered

  4. 4
    Laptops

    2022 Acer Swift 5 Lands In Malaysia With New Design and 12th Gen Intel Core

  5. 5
    Fintech

    Apple Pay Signage Appears At Maxis Centre And Website (UPDATED)

Consumer Tech News & Reviews Malaysia

NETWORK

  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks

ABOUT

  • Advertise
  • Careers
  • Privacy Statement
  • Contact Us
  • Editorial Policy
  • Terms & Conditions

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

We use cookies to improve your experience. Learn More.