Bitcoin Extends Surge As G-20 Warned Against Further Cryptocurrency Regulation For Now

Bitcoin continued to rebound above $8,000 as the Financial Stability Board warned the Group of 20 nations against further cryptocurrency regulation in the short term.

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However FSB chair and Bank Of England Gov. Mark Carney did not give the fledgling asset class a ringing endorsement in a letter submitted to the economic council of the world's wealthiest nations, saying wider use would cause the body to take a different stance on the subject.

"The FSB's initial assessment is that...

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