The European Central Bank "Pending" the regulation on cryptocurrencies on G20

In commenting on the event during the ongoing World Economic Forum 2018 in Davos, ECB board member Benoit Coeure drew even more attention to the promises of France's economic minister, Brune Le Maire, that Bitcoin would become a topic on the political forum.

The international community [...] is preparing the answer to this question and, for example, I would expect the G20 discussion in Buenos Aires in March to focus on these issues.

Earlier, Le Maire expressed a desire to introduce Bitcoin regulation on the G20 agenda, and various entities repeated calls for international regulatory efforts in the matter of cryptocurrencies during WEF.

British Prime Minister Theresa May and US Treasury Secretary Steven Mnuchin expressed the need to solidify their positions, while former US Secretary of State John Kerry said that technology "has value" and that people will be talking about it in this way.

Elsewhere in Sweden, the deputy director of the central bank of Sweden has ceased to call for more control over cryptocurrencies, saying to WEF that "they do not meet the criteria to be called money".

"They can be called an asset, but they are not a very good version of money, because it is not a very stable value, which is very hesitant," he continued with a frequent narrative regarding the use of Bitcoin. "And it is not a very efficient medium of exchange because you do not buy your regular purchases using Bitcoin."