g20

When Will G20 Nations Adopt Decided Crypto Roadmap? Indian FM Gives Update

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[ad_1] India is set to handover the presidency of the G20 nations to Brazil in December, after one year of holding it. During India’s G20 presidency, it worked with global financial institutions on formulating laws to govern the crypto sector on an international level. Prior to the weekend, Indian finance minister Nirmala Sitharaman provided some … Read more

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

Crypto Reporting Framework Discussed During G20, Decision Taken on Swift Implementation

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[ad_1] The G-20 leaders on Saturday decided on swift implementation of the reporting framework for crypto assets, saying a significant number of member nations want information exchange on such non-financial assets to start by 2027.  The Crypto Asset Reporting Framework (CARF) or template is being developed to make sure that such non-financial assets are not … Read more

Talks Underway for Global Framework on Crypto Rules, Says FM Nirmala Sitharaman

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[ad_1] Discussions are underway on a global framework to regulate crypto assets, India’s finance minister said on Tuesday, adding that cryptocurrencies could not be regulated efficiently without the cooperation of all countries. “India’s (G20) presidency has put on the table key issues related to regulating or understanding that there should be a framework for handling … Read more

Digital Economy to Contribute Over 20 Percent of India’s GDP by 2026: IT Minister

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[ad_1] Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar on Thursday forecast that the digital economy will contribute more than 20 percent of the country’s GDP in 2026. Addressing the ‘G20 Digital Innovation Alliance Summit’ here, he said India is a preeminent nation that adopted technology very fast and has started offering … Read more