India plans to discuss crypto regulations during its G20 presidency with member countries. Finance Minister Nirmala Sitharaman has revealed that the Indian government hopes to arrive at a framework or standard operating procedure (SOP) so that countries globally “can have a technology-driven regulatory framework” for crypto.
India to Discuss Crypto Regulatory Framework With G20 Member Countries
Indian Finance Minister Nirmala Sitharaman shared the government’s plan regarding crypto regulation Saturday before concluding her trip to Washington, D.C., to attend the annual meetings of the International Monetary Fund (IMF) and the World Bank, PTI reported.
The finance minister told a group of Indian reporters that crypto will be part of India’s agenda during its G20 presidency. Noting that various organizations are doing their own research on cryptocurrency, she said:
We would definitely want to collate all this and do a bit of study and then bring it on to the table of the G20 so that...
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