A Framework For International Regulation (Guess who wants to control it?)

Hello everyone!! Hope everyone is having a great start of the weekend!!! Seems the market is green and things are looking up for us all. And it seems the world is finally opening the eyes for the crypto market.

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The Department of Treasury of the US, presented a framework for international cooperation regarding the regulation and standards of the crypto market. This might clear the path for a good robust bill in the future for a more secure adoption of crypto.  Of course the Department of Treasury cooperated with the the Secretary of State, the Secretary of Commerce, the U.S. Agency for International Development (USAID), and the heads of other relevant agencies, (of course we know its the bloody SEC), the DoT stated. Seems the US is finally joining the crypto world, gang!!

They will create new agencies as well, the framework will have some help from the Financial Stability Board (FSB), the IMF (International Monetary Fund) will keep a close eye, the Financial Action Task Force (FATF) as well and also the Egmont Group of Financial Intelligence Units (FIUs) will be making sure market intelligence is shared properly. 

Quite the changes that are coming for crypto, but with this framework , perhaps it means the world is ready for a massive adoption. Meaning, we get rich!

Source: 

https://cryptonews.com/news/us-treasury-develops-framework-for-path-towards-international-crypto-regulations.htm

Be well my friends and stay safe!!

Your friendly cryptor, AndyHuerta.