G20 member countries are expected to meet in June to discuss crypto money regulations. Representatives will meet in Japan to form a framework to help fight money laundering.
The meeting will take place on the 8th and 9th of June in Fukuoka. Finance Minister and Central Bank managers will be among the participants.
Anti-Money Laundering (AML) continues as a major problem for most national regulators in crypto coins. Crypto money exchanges are increasingly encouraged to adopt KYC policies.
In addition to criminal organizations, troubled states are also suspected of using crypto to overcome international economic sanctions. Apparently, North Korea will be the top priority for G20 members to overthrow state-backed cyber criminals, often playing crypto money to fund the regime at the meeting (the country's name will not be mentioned).