Developed Countries and Digital Currencies

The major nations created have communicated their strong aid of the need to steer the cryptocurrency market, as US Treasury Secretary Steven Mnuchin said yesterday.

Account priests from the G7 countries met, despite the heads of the International Monetary Fund, the World Bank and the Financial Stability Board yesterday, to talk about a set of issues, chiefly:

Scourge, financial conditions, and control of digital currency honestly of expression.

He said to "Mnuchin":

Pastors and conservatives have reloaded their aid for the G7's joint interpretation of the October installments.

The summary of the assertion that was received on October 13th, which "Mnuchin" spoke about, is as follows:

Advance annuity managements must be appropriately directed and controlled to face the difficulties and risks identified with financial strength.

Despite the fact that the G7 said that the computerized premiums that distinguish them as those options unlike the installment frameworks that manage paper monetary standards have the "ability" to encourage acceptance of faster and less expensive installments, it could be risky if not contained. Dangers.

Digital currencies and industrialized countries:

More importantly, the Group of Seven major industrialized nations showed that the general area is used to safely control cash to ensure the safety and efficiency of installment frameworks, monetary integrity, and the achievement of macroeconomic goals.

While digital currencies, outside of their capacity, are not guided by wisdom to the idea of ​​the forms of decentralized cryptocurrency that manage their activities most of the time, institutions and special items, for example, stable advanced cash "breakeven" or planned cash on Facebook "Diem" ( It was formerly known as Libra).

In a similar environment, the primary risks to the stable advanced monetary forms of customary monetary frameworks in the United States, which were co-supported by Congresswoman Rashida Tlaib, emerged.

The bill arranged in the USA attempts to induce stable computerized monetary standards issuers to demand government approval, including approval by the Federal Reserve and registration of bank permits, before they can begin to exchange advanced monetary standards.

While the Group of Seven states is keen on stable monetary forms, it is also inspired by state-run activities and not from special materials, for example, the advanced monetary standards of the Central Bank, which they accept can help move the wheel of national banks and help them survive. . With occasions.

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