G20 Watchdog

G20 Watchdog Focuses on Rules & Review on Cryptocurrencies and Virtual Currencies like Bitcoin

The Financial Stability Board (FSB), which coordinates financial regulation for the Group of 20 Economies, also resisted calls from some G20 members to regulate cryptocurrencies like bitcoin. Interest in cryptocurrencies surged last year as prices rocketed only to tumble in recent months, triggering warnings from regulators.