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Indian Finance Minister Says Crypto Assets Cannot Be Currencies — Expects ‘Some Framework Emerging’ From G20 Discussion

[Mar 16, 2024 11:30 PM] Indian Finance Minister Nirmala Sitharaman has stated that it is the position of the Indian government that crypto assets cannot be currencies, which are issued by central banks. She clarified that crypto assets can be used for trading…

40+ Countries Implementing International Crypto Reporting Framework

[Nov 14, 2023 11:00 PM] Over 40 countries have agreed to implement the crypto reporting framework developed by the Organisation for Economic Co-operation and Development (OECD) as mandated by the G20. The widespread, consistent, and timely implementation of this crypto…

G20 Finance Chiefs Agree Global Policy Responses to Crypto Are Required

[Apr 15, 2023 11:30 PM] The G20 finance ministers and central bank governors have agreed that crypto regulation cannot be confined to one part of the world, said India’s finance minister. “Any action on crypto assets will have to be global,” she…

G20 Finance Chiefs Widely Recognize Crypto Poses Major Financial Stability Risks, Says Indian Central Bank Governor

[Feb 27, 2023 9:30 PM] The G20 finance ministers and central bank governors recognize that cryptocurrencies pose major risks to financial stability, monetary systems, and cyber security, India’s central bank governor reportedly said. Crypto regulation was among the…

India Having ‘Detailed Discussions’ With G20 Members on Crypto Regulation

[Feb 13, 2023 9:30 PM] India is having “detailed discussions” with other G20 members about forming a collective standard operating procedure (SOP) to regulate crypto assets, Indian Finance Minister Nirmala Sitharaman has revealed. She also called for “a…

G20 Countries to Build Crypto Policy Consensus for Better Global Regulation

[Dec 17, 2022 9:00 PM] The G20 countries aim to build a policy consensus on crypto assets for better global regulation. “After the crypto meltdown which we have seen recently, it is clear that we need internationally agreed standards on regulation,” said the…