G20 Communique: ‘Cryptocurrencies lack the traits of sovereign currencies’ - BBG

Bloomberg reports comments from a draft it obtained a draft G20 communique, which highlights key points on the cryptocurrencies.

The countries in attendance are seeing cryptocurrencies as an asset, not so much as a currency.

"Cryptocurrencies lack the traits of sovereign currencies".

France's Bruno Le Maire and Brazil's Ilan Goldfajn both noted that cryptocurrencies are "more an asset than a currency".