The G20 leaders Oska Leaders’ Declaration point 17: ” Technological innovations can deliver significant benefits to the financial system and the broader economy. While crypto-assets do not pose a threat to global financial stability at this point, we are closely monitoring developments and remain vigilant to existing and emerging risks. We welcome on-going work by the Financial Stability Board (FSB) and other standard setting bodies and ask them to advise on additional multilateral responses as needed. We reaffirm our commitment to applying the recently amended FATF Standards to virtual assets and related providers for anti-money laundering and countering the financing of terrorism. We welcome the adoption of the Financial Action Task Force (FATF) Interpretive Note and Guidance. We also welcome the FSB’s work on the possible implications of decentralized financial technologies and 5 how regulators can engage other stakeholders. We also continue to step up efforts to enhance cyber resilience. “

It is a quite encouraging position of the G20 leaders considering that the crypto-assets are not a threat to the global economy and welcoming regulations and standards settled by financial regulatory bodies.

It is a good sign that the world leaders recognise the potential and the necessity of crypto-assets to complement the traditional financial assets and this position could contribute to a faster adoption of blockchain technologies.