G20 Recognises Risk Attached, Agrees To Discuss IMF-FSB Paper On Crypto Assets In Upcoming Meetings
India hopes to broaden the G20 discussion on crypto assets beyond financial integrity concerns and capture the macroeconomic implications and widespread crypto adoption in the economy
India Asks IMF, FSB To Prepare Technical Paper On Regulating Crypto
The international organizations are expected to present their joint paper during the 4th Finance Ministers and Central Bank Governors Meeting in October 2023
FM Nirmala Sitharaman Holds Bilateral Meetings With G20 Ministers; Pitches For Global Framework To Regulate Cryptocurrencies
She is scheduled to have more than 10 such meetings, including with the Finance Ministers of Indonesia, Canada, Spain, Argentina, and Canada, besides the General Manager of the Bank for International Settlements
RBI Governor: Next Financial Crisis Will Come From Private Cryptocurrencies
RBI Governor, Shaktikanta Das, has predicted that the next financial crisis will happen due to private cryptocurrencies. Speaking at the Business Standard BFSI Insight Summit, Governor Das claimed that those private cryptocurrencies have no “underline” value and pose risks for macroeconomic and financial stability. “Cryptocurrency poses risks for macroeconomic and financial stability. Private cryptocurrencies owe their …
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