The G20 members have decided that the deadline for the revision of AML measures in the crypto segment would be this October.
During the meeting held last weekend, the participants (finance ministers, chiefs of G20 central banks) confirmed the fact that they targeted strong control over the market for cryptocurrencies.
Besides, the officials also asked the Financial Action Task Force on Money Laundering for recommendations regarding the application of the effective AML measures to the cryptocurrency segment.
"While crypto-assets do not at this point pose a global financial stability risk, we remain vigilant. ... We reiterate our March commitments related to the implementation of the FATF standards and we ask the FATF to clarify in October 2018 how its standards apply to crypto-assets," the report reads.
In June, FATF reportedly intended to commence development of mandatory AML measures for digital coin trading platforms worldwide.
Notably, the Financial Stability Board that deals with guidance for G20 provided "key metrics for monitoring of cryptos under the G20 request filed this March."