G20 – an international economic consortium with 20 member states including China, France, Germany, Argentina, and Canada – has announced it believes cryptocurrencies pose no significant risk to global financial stability… but they could lead to a series of money laundering violations. In a new report published on July 21, G20 maintains that blockchain technology use cases like cryptocurrencies could do great things for the budding world economy, but there are still some security concerns that need to be addressed. “Technological innovations, including those underlying crypto-assets, can deliver significant benefits to the financial system and the broader economy,” the G20 report…

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