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


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 globally coordinated approach on the regulation...

G20 Countries to Build Crypto Policy Consensus for Better Global Regulation


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 International Monetary Fund (IMF)’s deputy...

G20 Governments Working Together to Develop a Unified Cryptocurrency Policy


The G20 countries plan to create a policy consensus on cryptocurrencies in a bid to better regulate the asset class.  On Wednesday, India’s federal economic affairs secretary Ajay Seth said the G20 countries will study the implications of cryptocurrencies for the economy, monetary policy, and...

BIS Says Crypto Weaknesses Have Materialized Following Market Sell-Off


The Bank of International Settlements (BIS), the global body for central banks, claims the weaknesses in crypto that were pointed out before “have pretty much materialized.” BIS General Manager Agustin Carstens opined: “You just cannot defy gravity … At some point,...

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