JOE BIDEN ENDORSED XRP????
A declaration signed by Biden and other leaders of the world's 20 biggest economies—collectively known as the G20—said, according to local media reports.
"We endorse the Financial Stability Board's high-level recommendations for the regulation, supervision and oversight of crypto-assets activities and markets and of global stablecoin arrangements,"
The new rules would require bitcoin and crypto exchanges and companies to share information on crypto transactions between countries beginning in 2027.
Earlier this week, the FSB and the International Monetary Fund (IMF) recommended crypto cross-border cooperation and information sharing in a joint report to the G20, warning that a blanket ban to outlaw bitcoin and crypto would be costly and difficult to enforce.
However, the report also said bitcoin and crypto should not be granted official currency or legal tender status, and central banks should avoid holding cryptocurrencies.
Two years ago, El Salvador made history by becoming the world's first country to make $BTC legal tender, attracting criticism from the financial establishment.
$ETH $XRP
