France and Germany’s finance ministers and top central bankers issued a joint statement on the G20 to discuss cryptoassets at its next summit in Buenos Aires from 19 March 2018 to 20 March 2018.
“This discussion could lead, if appropriate, to international harmonised actions,” they said, adding that while there could be opportunities from the new technologies, they “pose substantial risks for investors and can be vulnerable to financial crime without appropriate measures”. https://www.ft.com/content/038d92d6-0d32-11e8-8eb7-42f857ea9f09
To make matters worse, U.S. Treasury Secretary Steven Mnuchin has indicated he is planning to raise the subject of cryptocurrency regulation during an upcoming G20 summit to be held in Argentina in March. https://www.coindesk.com/mnuchin-talk-crypto-regulation-g20-summit/
Still 5 weeks untlil this major event, what do you expect from it ? are we going to see another massive panic sell until 4k and what is the best approach to limit downside risk ?
Follow for Daily updates.