Kyodo: G7 countries will advocate tighter regulation of crypto assets

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The “Big Seven” (G7) countries plan to jointly promote the need to tighten regulation of crypto assets. This was reported by the Japanese agency Kyodo. TASS.

As planned, this issue will be reflected in a joint statement by G7 leaders following the “Group Seven” summit in Hiroshima, Japan, in May.

According to the agency’s sources, the G7 countries consider it necessary to develop a legal framework aimed at protecting crypto-asset holders in the backdrop of the emerging crisis in the global banking system.

Japan will chair the G7 in 2023.

On March 20, the course of Bitcoin, the most popular cryptocurrency in the world, became clear. exceeded The $28,000 mark for the first time since June 12, 2022. As Bloomberg wrote, the rate of this cryptocurrency to leave Up to $35,000 through 2023.

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