G20 News

Indian Finance Minister Nirmala Sitharaman has taken a firm stance on Bitcoin (BTC) and other digital assets, emphasizing that they cannot be considered currencies.

G20 finance ministers say the document is necessary to achieve macroeconomic and financial stability goals. The G20 Finance Ministers and Central Bank Governors (FMCBG) adopted a crypto roadmap designed to support a coordinated regulatory framework for all group members. As…

India is set to make a decisive move on cryptocurrency regulations following recent global discussions, leaning away from an outright ban.

The G2O intergovernmental forum, on Sept. 9, voiced its support for a slew of recommendations prepared by the FSB to regulate and oversee the global crypto industry.

India’s Minister of Finance, Nirmala Sitharaman, said that all countries must unite for better worldwide crypto regulation. Speaking at the Global Fintech Fest 2023, Sitharaman added that there should be a global regulatory framework “for handling issues related to crypto…

The G20 has released a Presidency Note emphasizing the importance of consistent crypto regulation and guidance across different jurisdictions

The Financial Stability Board (FSB) has completed its global regulatory framework for crypto asset activities, aiming to enhance the consistency and comprehensiveness of regulatory and supervisory practices on an international scale.  Built on the principle of ‘same activity, same risk,…

The G20 forum, under India's presidency, is working towards establishing a global framework to help countries combat the challenges and risks associated with the rapidly evolving cryptocurrency landscape.

The Group of 20 (G20) countries — including 19 countries and the European Union (EU) — are discussing bringing “a policy consensus” on digital currencies.

Phillip Lowe, the Australian central bank governor says stablecoins developed by private entities may be better than central bank digital currencies (CBDCs) if appropriately regulated, according to a Reuters report on 17, July 2022. Stablecoins have attracted increased scrutiny from…

The Organization for Economic Cooperation and Development (OECD) introduces a proposal that seeks to prevent digital assets from being used to hide wealth. Under the new proposal submitted on Tuesday for stakeholder comment, all cryptocurrency exchanges would have to disclose…

Taro Aso, Japan’s Finance Minister has voiced his reservations concerning China’s plans to issue its central bank digital currency (CBDC) – the digital yuan. Aso told fellow finance chiefs at the G-20 summit that Beijing’s state-backed crypto could negatively upset…

In what will come as a temporary respite, the Indian Ministry of Finance has filed a long overdue counter affidavit to the petition filed by concerned citizens. On October 25, 2018, the Supreme Court of India had directed the counsel…

Bitcoin has hit a two-month price high of $7,820, at the time of writing, amidst its ongoing resurgence following a meeting of G20 finance ministers in Buenos Aires on 21 and 22 July 2018. At the meeting, ministers discussed cryptocurrency…

The G20 heads again on March 19, 2018, and one of the leading topics up for discussion will naturally be related to cryptocurrencies. In particular, Japan is urging their fellow G20 members to universally speed up their attempts to stop…