G20 Group working group to study cryptocurrency regulation

According to CryptoNews report, T20, a think tank owned by the G20 Group, revealed recently that a working group will study cryptocurrency supervision. Its website shows that T20's TF8 team will be responsible for reviewing the governance and regulation of cryptocurrencies and fintech, their impact on the international monetary system, their potential use in money laundering and terrorist financing, and how to monitor these activities. The T20 team is mainly composed of Saudi Arabian experts, and its recommendations may be an indicator of the direction of the encryption policy to be adopted at this year's important G20 meeting in Riyadh.