India as G20 Chair to take a call on crypto
India is aiming at developing standard operating procedures for cryptocurrency during its G20 Presidency next year, Finance Minister Nirmala Sitharaman said, underlining that all countries want the technology to survive but not be misutilised.
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Washington: India is aiming at developing standard operating procedures for cryptocurrency during its G20 Presidency next year, Finance Minister Nirmala Sitharaman said, underlining that all countries want the technology to survive but not be misutilised.
"That (crypto) will also be part of India's thing (agenda during G-20 presidency)," Sitharaman told a group of Indian reporters on Saturday before concluding her trip to Washington DC to attend the annual meetings of the International Monetary Fund (IMF) and the World Bank (WB).
The G20 is an intergovernmental forum comprising 19 countries and the European Union.
India will assume the Presidency of the G20 for one year from December 1, 2022, to November 30, 2023. Under its Presidency, India is expected to host over 200 G20 meetings across the country, beginning December 2022.
