Indian minister wants global crypto rules to curtail money laundering risk

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India is yet to finalize a crypto regulatory framework despite assurances of a speedy draft law over the past few years.
Indian Finance Minister Nirmala Sitharaman in her address to the International Monetary Fund called for a global cryptocurrency framework to keep a check on the use of cryptocurrencies for illicit activities. LIVE NOW: A panel discussion on the policy challenges and opportunities of #DigitalMoney to the international monetary system. #CBDC https://t.co/JznM8apoGt— IMFLive (@IMFLive) April 18, 2022

Sithraman’s comments came during the “Money at a Crossroad” panel discussion of the International Monetary Fund (IMF), and the World Bank in Washington on Monday. The panel discussion also featured Kristalina Georgieva, managing director at the IMF, Roberto Campos Neto, president of the Central Bank of Brazil, and Ravi Menon, managing director of the Monetary Authority of Singapore.The Indian minister

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