A new report by the Financial Stability Board (FSB) highlights several key factors hindering cross-border co-operation among countries regarding cryptocurrencies. The G20 risk watchdog identified the difference in privacy rules as one such key hurdle.

Privacy Rules Hindering Cross-Border Crypto Regulation

It has been 16 years since Bitcoin’s (BTC) launch, and financial watchdogs around the world continue to face problems when trying to access crypto data. According to a recent report by the FSB, privacy laws are complicating efforts to access such data.

In a detailed 107-page long peer reviewed report, the G20 risk regulator remarked that privacy of data remains a crucial bottleneck that is hindering cross-border cooperation in regulating digital assets such as Bitcoin (BTC), Ethereum (

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