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G20 should fully grasp the supervision of encrypted assets

October 31, 2021
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The Observer Research Foundation (ORF), an independent think tank, stated that G20 countries have “opportunities and responsibilities” to coordinate policies around encrypted assets and DeFi, which is conducive to a “sustainable, balanced and inclusive global economic architecture.”

ORF pointed out that BTC is particularly popular in emerging markets and developing economies, including some G20 economies, such as Turkey, Brazil, Argentina, and Indonesia. The G20 should fully control the supervision of crypto assets. Provide relevant technical properties to national regulatory agencies. Guidance on regulatory best practices.

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