French Finance Minister Bruno Le Maire suggested on Sunday that the world’s major economic powers should begin to talk about Bitcoin regulation when the G20 meets next year. Le Maire made the comments while speaking to the news outlet LCI, according to reports from Reuters. The next G20 meeting is currently scheduled for April 2018.
“I am going to propose to the next G20 president, Argentina, that at the G20 summit in April we have a discussion all together on the question of bitcoin,” he said. “There is evidently a risk of speculation. We need to consider and examine this and see how (...) with all the other G20 members we can regulate bitcoin.”
That announcement comes as the European Union moves closer to implementing new rules that would require digital currency exchanges to more clearly identify their customers. Meanwhile, other governments around the world are either implementing new regulations, debating new options for cryptocurrency oversight and governance, or considering outright bans on digital currency.