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Minister of the Economy of France suggests discussing Bitcoin at G20

Regulation

The local French outlets as well as the cryptocurrency media report that the Minister of the Economy of France suggested to include cryptocurrency in the agenda of the upcoming G20 summit. Bruno Le Maire, appointed by President Emmanuel Macron in May this year, tells he is going to propose to the next G20 president, Argentina, a multilateral discussion regarding Bitcoin and other cryptocurrencies. The G20 needs to jointly assess all properties of this phenomenon, Le Maire insists.

If one looks at the previous reports in the press concerning the second Philippe government’s views on cryptocurrency, one is not going to find anything similar to coin fanaticism: Bank of France Governor Francois Villeroy de Galhau told the public not to view Bitcoin as a currency.

Meanwhile in Canada, the governor of the local central bank told cryptocurrencies are making him go to bed with grim thoughts. But the American Federal Reserve is calmer on this issue: both the current leader of this organization and that recent nominee to the post told Bitcoin is not affecting the world market, as its capitalization is still too low right now.


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