Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
G20 leaders promote the rapid implementation of a cross-border framework for crypto assets and plan to automatically exchange crypto transaction information between countries starting in 2027
2023-09-11 02:42:28
Odaily News The leaders of G20 member states recently held a summit in New Delhi, the capital of India, and reached a consensus on the rapid implementation of a cross-border framework for crypto assets. The framework will facilitate the global exchange of crypto-asset information starting in 2027, with countries automatically exchanging crypto trading information between different jurisdictions on an annual basis, including transactions conducted on unregulated cryptocurrency exchanges and wallet providers. According to the consensus statement reached at the summit, the Global Forum for Transparency and Tax Information Exchange will determine an appropriate and coordinated timetable for the relevant jurisdictions to determine the exchange timetable, which will affect Argentina, Australia, Brazil, Canada, China, France , Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom and the United States, as well as the European Union and other countries. (Cointelegraph) According to previous news on September 9, the leaders of the G20 member states expressed their agreement with the recommendations of the Financial Stability Board (FSB) and the International Monetary Fund (IMF) on crypto asset activities and markets, as well as the regulation and supervision of global stablecoins, and called for rapid Implement the Crypto-Asset Reporting Framework (CARF) and Common Reporting Standard (CRS) amendments.