crypto rules

FMCBGs Adopt G20 Roadmap on Crypto Assets Suggested by IMF, FSB Joint Synthesis Paper

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[ad_1] Marrakesh, Morocco is hosting the G20 Finance Ministers and Central Bank Governors (FMCBGs) for their fourth and final meeting under India’s Presidency on October 12 and 13. The finance ministry of India posted updates from the meeting on X, disclosing that FMCBGs have adopted the G20 roadmap on crypto assets. The update also revealed … Read more

Detailed Crypto Laws Would Result in Responsible Industry Use of Blockchain, AI: Indian Web3 Experts

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[ad_1] India will be finalising its public opinion on cryptocurrencies in the coming days, Ajay Seth, the secretary of the department of economic affairs recently affirmed in an interview. During the recently held G20 Summit in Delhi, international policymakers as well as officials from global financial institutions like the International Monetary Fund (IMF) — praised … Read more

PM Modi Backs Rules for Crypto, Says There’s No Point in Ignoring Technology

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[ad_1] Prime Minister Narendra Modi has stressed that a comprehensive set of rules are necessary govern the crypto sector. PM Modi, during an exclusive interview with Business Today said that it is only wise to keep up pace with advancements in the technological sector. The regulation of cryptocurrencies has been among India’s top agendas as … Read more

Coinbase Chief Brian Armstrong to Meet US Lawmakers to Discuss Crypto Future

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[ad_1] Brian Armstrong, the CEO of Coinbase crypto exchange, is looking to meet with policymakers from the US. The agenda of Armstrong’s rendezvous with the Democrats revolves around opening discussions on the future of the digital assets sector in the US. Valued at $1.2 trillion (roughly Rs. 98,47,344 crore) as of Tuesday, July 18, the … Read more

Financial Stability Board Shares India’s Vision to Frame Global Rules for Crypto

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[ad_1] The Financial Stability Board (FSB), a body that oversees recommendations about the global financial systems, has called for a global set of rules to govern the crypto sector. The FSB has evidently chimed-in with India’s vision as well. Under its ongoing G20 presidency, India has been working with international financial bodies as well as … Read more

KuCoin to Introduce Compulsory KYC Verifications Starting July: Details

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[ad_1] KuCoin has decided to revamp its security measures, in the absence of a definite crypto governence system, to be in more alignment with the global Anti-Money Laundering regulations. The crypto exchange on Thursday, June 28 said that all its users, new as well as existing, will have to complete their KYC formality to unlock … Read more