Content adapted from this Zerohedge.com article : source
After months of FUD, bitcoin finally got some good news.
Recent weeks saw the banning of cryptocurrency ads by Facebook, Google, and, finally, Twitter. There was also expectations that new global regulations would come out of the G-20 summit.
The FSB regjected called for regulation.
This gave the market a sigh of relief, moving the price of bitcoin up $1,000.
“The FSB’s initial assessment is that crypto-assets do not pose risks to global financial stability at this time,” FSB Chair Mark Carney said in a letter to G20 central bankers and finance ministers who will meet in Buenos Aires on Monday and Tuesday.
Non-adapted content found at zerohedge.com: Source