Draft communique from the G20 finance members

  • G20 finance ministers say cryptocurrency assets should continue to be monitored by national standard setting bodies
  • Cryptocurrency assets could have stability implications at some point
  • Flexible exchange rates, where feasible, can act as a shock absorber
  • Will refrain from competitive devaluations and will not target FX for competitive reasons
  • Will stand by their leaders Hamburg declaration on trade

Blah blah blah, waffle waffle waffle.

Ryan Littlestone

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