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Leaders from the world’s 20 biggest economies are taking steps to put in place a system for tracking cryptocurrency activities globally.This framework, called the Crypto Asset Reporting Framework, is designed to ensure that crypto transactions and the people involved in them are more transparent to tax authorities. It involves sharing information between different countries, even for transactions on unregulated <a href="https://cryptosheadlines.com/binances-japan-focused-crypto-platform-to-launch-this-summer/" rel="noopener noreferrer nofollow">crypto platforms</a> and with digital wallet providers.In addition to this, the group also supported the recommendations from the Financial Stability Board about how to regulate global stablecoins, which are cryptocurrencies designed to have a stable value. These measures are part of an effort to better regulate and monitor the <a href="https://cryptosheadlines.com/coinbase-report-altcoin-market-cap-dominates-cryptocurrency-space/" rel="noopener noreferrer nofollow">cryptocurrency space</a> on a global scale. <a href="https://cryptosheadlines.com/g20-countries-work-on-crypto-asset-framework/" rel="noopener noreferrer nofollow">Read More...</a>

G20 Countries Work on Crypto Asset Framework

CryptosHeadlines.com

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