G20 to work on 'answer' to Bitcoin risk: ECB's Coeure

[January 26, 2018]  DAVOS (Reuters) - International regulators are looking at the risks poised by cryptocurrencies such as Bitcoin and will work on their response at their next G20 meeting in March, a European Central Bank director said on Friday.

Benoit Coeure, board member of the European Central Bank (ECB), is photographed during an interview with Reuters journalists at the ECB headquarters in Frankfurt, Germany, May 17, 2017. Picture taken May 17, 2017. REUTERS/Kai Pfaffenbach

"The international community is ... preparing an answer to that and I would expect, for instance, the G20 discussion in Buenos Aires in March to focus very much on these issues," Benoit Coeure, a member of the ECB's board, said at an event at the World Economic Forum in Davos.

(Reporting By Noah Barkin; Writing by Francesco Canepa and Balazs Koranyi in Frankfurt; Editing by Kevin Liffey)

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