March 19, 2024

Group of Twenty (G20)

The Group of Twenty (G20) is an international forum represented by finance ministers and central bank governors of 20 countries, including the European Union. The primary objectives of G20 is threefold:

a) to ensure policy coordination among its members in order to achieve global economic stability and economic growth;

b) to promote financial regulations that reduce risks and prevent future financial crisis;

c) To create a new international financial architecture.

Keep up to date with relevant crypto policies that are emerging from the G20 Summits here:

July 2019: FATF recommendations discussed at G20 proposing requirements on cryptocurrency exchanges to report certain transactions and share user information to the appropriate authority. Full report here: Financial Action Task Force (FATF): Risk Based Approach for Virtual Assets & Virtual Asset Service Providers.