The Group of Seven finance ministers, as well as central bank governors, plan to meet with the G7’s finance ministers about regulation of crypto currencies.

According to a Tuesday report from Reuters, Bank of France Governor François Villeroy de Galhau representatives from the United States, Canada, Japan, Germany, France, Italy and the United Kingdom will likely speak on issues related to a regulatory framework for cryptocurrencies at a meeting in Germany’s cities of Bonn and Königswinter starting on Wednesday. Villeroy reportedly said that the recent crypto market volatility — likely referring to some stablecoins The U.S. dollar is the best currency for depegging and prices of major tokens dropping — had been a “wake-up call” for global regulators.