Indian Finance Minister Nirmala Sitharaman has emphasized the necessity of reaching a global consensus on cryptocurrency regulation.
Sitharaman believes that a universal agreement is required to effectively govern private digital assets while allowing the use of digital assets to operate freely.
The regulation of digital assets is a key agenda in India’s G20 presidency for this year. By putting this topic on the agenda, India is pressing for global cooperation to build an appropriate framework for cryptocurrency regulation.a report that examines the possible influence of private digital assets on macroeconomic stability.a report on financial stability in relation to decentralized finance and cryptocurrencies.
India plans to use this opportunity to take the lead in addressing the difficulties posed by cryptocurrencies and developing a framework for their regulation.
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