Central bankers and finance ministers from the Group of Seven (G7) advanced economies have "strong support" on the need to regulate digital currencies. The U.S. Treasury Department in a statement after a virtual meeting of the officials on Monday. Steven Mnuchin, the current US Treasury Secretary, tweeted,
"Productive #G7 call this morning. We discussed the effective actions in response to COVID19, strategies to achieve a robust recovery, and cryptocurrencies."
The official discussed domestic and international responses to achieve a robust global