G20 President India Proposes ‘Action Points’ for Implementing Global Crypto Rules

G20 President India Proposes ‘Action Points’ for Implementing Global Crypto Rules

The Indian Presidency of G20 has put forward proposals for a roadmap to introducing a global regulatory framework for crypto assets. India believes a more coordinated policy will be needed to enforce international standards in the field and adequately minimize associated risks.
India’s G20 Presidency Provides Its Input for FSB and IMF Global Crypto Regulatory Roadmap
India, the current President of the Group of 20 forum of the world’s largest economies (G20), has made some suggestions regarding the regulation of crypto assets. With the proposals, New Delhi seeks to help prioritize certain “areas of work essential to achieving a comprehensive, cohesive and coordinated global policy” for the sector.
In a Presidency Note released on Aug. 1, India said that while “considerable work” has been done so far by intergovernmental organizations to prepare regulatory standards for the crypto industry, it believes that more coordination is needed to consistently implement regulations ad

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