G20 to Regulate Bitcoin

The first meeting of G20 will take place at Argentina in April
18 December 2017   1564

French Finance Minister Bruno Le Maire announced on Sunday that the next G20 meeting would include discussion about how to regulate bitcoin.

I am going to propose to the next G20 president, Argentina, that at the G20 summit in April we have a discussion all together on the question of bitcoin. There is evidently a risk of speculation. We need to consider and examine this and see how G20 can regulate bitcoin.

 

Bruno Le Maire
French Finance Minister

The first scheduled calendar meetings at the Argentina G20 in April are of its Development Working Group in Buenos Aires, April 10th, 2018. Priorities of upcoming meeting have been already announced, including "the future of work and what this means for education, infrastructure for development, and a sustainable food future".

Recently, we have reported that the chairman of French market regulator called bitcoin a "dangerous illusion" and a tool for criminals.

Member of British Parliament Wants to Payl Tax in BTC

MP  comments were made shortly after the Ohio government allowed companies registered in this state to pay bitcoin taxes
11 December 2018   8

Eddie Hughes, a member of the UK Conservative Party, said that the state should make it possible to use Bitcoin when paying taxes and utilities. It is reported by The Daily Express.

Eddie Hughes, who represents North Walsall in parliament, calls himself a "crypto-enthusiast with amateur knowledge." According to him, the blockchain technology attracts a lot of attention, and therefore members of parliament "must understand it."

Eddie Hughes also said that he recently met with representatives of the Royal Society for Water Rescue, which accepts donations in cryptocurrencies, after which he came to the idea of ​​making it possible to use Bitcoin when paying municipal taxes and utilities.

It just feels like it gets talked about a lot, wherever you go in the UK, and as MPs we have a duty to understand it. 
 

Eddie Hughes

MP

Hughes comments were made shortly after the Ohio government allowed companies registered in this state to pay bitcoin taxes, which he also reminded in his interview within the publication.