At the G20 finance ministers and central bank governors meeting in Asheville, United States, from August 31 to September 1, the group supported creating a clearer regulatory path for digital assets and included digital assets on the agenda for the U.S. presidency in 2026. The G20 acknowledged that digital financial innovation can support broad economic growth and that the private sector plays a vital role in driving such innovation. The meeting also discussed global stablecoins, cross-border payments, and extending operating hours for large-value payment systems, while endorsing the ISO 20022 data standard. Additionally, the G20 urged the Financial Action Task Force (FATF) to prioritize jurisdictions with significant virtual asset activity to enhance the enforcement of anti-money laundering standards. As of July, FATF assessed 149 jurisdictions, finding that only one fully complied with relevant standards, 34% were largely compliant, 43% partially compliant, and 22% were non-compliant.
G20 Endorses Digital Asset Regulation
Finance ministers and central bank governors from the Group of 20 (G20) gathered in Asheville, United States, from August 31 to September 1. They backed a clearer regulatory path for digital assets and put digital assets onto the agenda for the U.S. presidency in 2026. The G20 said digital financial innovation can help drive broad economic growth, and that the private sector has a major hand in pushing that innovation forward.
AML Enforcement and FATF Assessment
The meeting also put a spotlight on global stablecoins, cross-border payments, and longer operating hours for large-value payment systems, while backing adoption of the ISO 20022 data standard. On anti-money laundering, the G20 called on the Financial Action Task Force (FATF) to put jurisdictions with significant virtual asset activity first in line as it tries to tighten AML enforcement. As of July, out of the 149 jurisdictions assessed by FATF, just one fully met the relevant standards, 34% were largely compliant, 43% were partially compliant, and 22% were non-compliant.
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