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Nirmala Sitharaman: ‘G20 membership will take a call on crypto asset regulations’

Sep 09, 2023, 09:29PM ISTSource: TOI.in

The finance minister Nirmala Sitharaman said that India’s presidency has bolstered the international drive for transparent policies regarding crypto assets, fostering a growing global consensus. On being asked about Cryptocurrency, Union Finance Minister Nirmala Sitharaman says, ” The FSP’s report has concentrated more on regulation and IMF has looked at the macroeconomic implications. So, G 20 members will go through the synthesis paper in detail, there is one more meeting under our presidency for the finance track in Marrakesh…there the FSP and IMF reports will be discussed. So it is up to G 20 membership to take a call on how it wants to move forward on it (Crypto)…”

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