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G20 Leaders Release Statement on Digital Assets and Central Bank Digital Currencies (CBDCs)

G20 leaders have issued their statement following a two-day summit in New Delhi, with India presiding over the G20 this year. The 37-page statement includes a section on the policy and regulation of digital assets and central bank digital currencies (CBDCs). Regulation of Digital Assets...

Impact of Cryptocurrencies on Monetary Policy: A Joint Analysis by the (IMF) and (FSB) for the Group of Twenty (G20)

A joint study conducted by the International Monetary Fund (IMF) and the Financial Stability Board (FSB) highlights the impact of cryptocurrencies on monetary policy, emphasizing that a blanket ban on these currencies may not be the optimal solution. Analysis: Impact on Monetary Policy and Financial...

India Calls for Global Regulation of Cryptocurrencies

Under India's leadership of the Group of 20 (G20), active discussions are taking place regarding the establishment of a global framework for cryptocurrencies. India's Finance Minister, Nirmala Sitharaman, has emphasized the need for global cooperation in formulating regulations for cryptocurrencies. The Call for Global Cooperation On...

G20 finance ministers agree to regulate cryptocurrencies globally

The regulation of cryptocurrencies was discussed between G20 finance ministers and central bankers, where it was agreed that this issue should be dealt with globally. India's Minister of Finance, Nirmala Sitharaman, stressed that any action on digital currencies must be global, and that it...