Putin: International Regulation for Bitcoin.
Although Putin’s comment on the development of digital technologies and the necessity of regulatory frameworks to facilitate the growth of the technology sector was quite general, his call for international regulations over the rapidly growing technology sector could be relevant to Bitcoin and the cryptocurrency market.
Over the past two years, Bitcoin has been regulated and legalized in a number of countries including Japan, South Korea, the US, Australia, the Philippines and Europe. India is set to fully legalize Bitcoin and offer regulatory frameworks for both businesses and users in the near future.
At the G20 summit, Putin requested for the international regulation of technologies such as Bitcoin, which also means unified international regulations on digital technologies. The vast majority of countries participating in the G20 summit including China, Japan, the UK and the US have regulated Bitcoin, while Russia and India are yet to provide regulatory clarity on Bitcoin, cryptocurrency trading and operations. https://cointelegraph.com/news/putin-praises-digital-tech-at-g20-summit-role-for-bitcoin-in-view
