G7 countries will tighten regulation of the cryptocurrency market to protect their owners

The need for the adoption of common standards for all digital assets, world leaders thought after a series of bankruptcies of cryptocurrency exchanges and banks that are actively working with tokens. These decisions will be announced in May, informs Kyodo agency. Photo: pixabay.com The “Big Seven” intends to establish new “rules of the game” in the crypto asset market. The reason for this decision was a series of bankruptcies – first of the large cryptocurrency exchange FTX, and then of Silicon Valley and Signature Bank banks, which specialized in technology startups and servicing crypto clients. It is expected that the