India's push to regulate crypto gains IMF, U.S. support at G20

A push by Group of 20 (G20) president India to regulate cryptocurrencies gained support from both the International Monetary Fund and the United States on Saturday as finance chiefs of the bloc wrap up two-days of talks. India has said it wants a collective global effort to deal with problems posed by cryptocurrencies such as bitcoin, and the finance ministry said it had held a seminar for G20 member states to discuss how to come up with a common framework.

• 2023-02-25
• International Monetary Fund Group of 20 India Janet Yellen regulatory framework cryptocurrencies finance chiefs

India discussing crypto, regulation with G20, says finance minister

As India moves forward with its one-year presidency of the Group of 20 (G20), it is discussing cryptocurrency and regulation with the group’s members, India’s Finance Minister Nirmala Sitharaman said.

• 2023-02-13
• Nirmala Sitharaman India digital assets cryptocurrency Group of 20

G20 exploring cryptocurrency regulation, India's finance minister says

The Group of 20 (G20) big economies is exploring whether the group could collectively regulate cryptocurrencies, Finance Minister Nirmala Sitharaman said on Saturday. Given the sophisticated technologies involved with these virtual assets, countries must discuss whether a given regulation is needed, said Sitharaman, whose country is this year's G20 president. Prime Minister Narendra Modi's government has for several years debated drafting a law to regulate or even ban cryptocurrencies but has

• 2023-02-11
• Nirmala Sitharaman Prime Minister Narendra Modi G20 finance ministers Group of 20 Reserve Bank of India