Coordinated global crypto policies: G20 key financial stability priority By Cointelegraph

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Coordinated global crypto policies: G20 key financial stability priority

Published Feb 25, 2023 02:04AM ET Updated Feb 26, 2023 04:00AM ET

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Coordinated global crypto policies: G20 key financial stability priority

The first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under India’s presidency discussed key financial stability and regulatory priorities. India urged member nations to understand the macro-financial implications of crypto assets and recommended formulating a coordinated global policy.

India’s Finance Minister, Nirmala Sitharaman, has historically supported creating crypto regulations in partnership with other jurisdictions — given the global reach of crypto assets. Under India’s G20 Presidency, this narrative is now a part of mainstream discussions.

India’s Finance Minister Nirmala Sitharaman during FMCBG meeting in Bengaluru. Source: Ministry of Finance.

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Comments (1)

jason xx Feb 26, 2023 7:10AM ET

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India wants a full ban and already tried once. They should not be leading negotiations

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