The first day of the G20 discussions was held on ICO and digital currencies. The general views of the participants were as follows:
The biggest reason for the strengthening of control over digital currencies is the concern of all countries of their exploitation in money laundering and terrorism financing.
The lack of digital currency for the sovereign characteristics of the currency.
Silvie Jollard, Assistant Governor of the Central Bank, hopes to enhance the security of digital and other similar products.
The Financial Stability Board stated that digital currencies would not pose a systemic risk to paper financial institutions.
Chairman of the Securities and Exchange Commission, Jay Clayton and Chairman of the Commodity Futures Trading Commission Chris Giancarlo, said countries such as France, Germany and Japan could ask Congress to give supervisors strong support to regulate digital currencies.