G20 Nations To Discuss Crypto Regulations Under India’s G20 Presidency

Varinder Singh
April 11, 2023
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Leaders of the G20 nations are set to discuss crucial topics impacting the global economy, financial system, and relations between countries in the G20 meetings in Washington, DC. Indian Finance Minister Nirmala Sitharaman on Tuesday said crypto is an important part of the discussion under India’s G20 presidency.

Finance Minister Nirmala Sitharaman reasserts that India’s G20 presidency aims to develop a common framework for all countries to deal with risks associated with cryptocurrencies. Earlier in February, Nirmala Sitharaman said that India is in discussion with other G20 nations to plan a common regulatory framework for crypto regulation.

“Given so many collapses and shocks in cryptocurrencies. We seek to develop a common framework for all countries to deal with this matter,” said Nirmala Sitharaman in a roundtable meeting on the ‘Investment opportunities for the long term: India on the Rise’ with business leaders and investors in Washington, D.C.

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On Tuesday, the Finance Minister will hold a high-level meeting with US Treasury Secretary Janet Yellen to discuss topics of mutual interest.

In addition, India will co-chair the Global Sovereign Debt Roundtable with the International Monetary Fund and the World Bank on April 12. The focus of this meeting will be on the current global debt landscape and methods to manage existing challenges in debt restructuring.

On April 14, 2023, a high-level seminar on “Macro-financial implications of Crypto assets” will be held to review the macro-financial implications of crypto assets and discuss policies to leverage benefits and contain risks.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.