Finance Minister Sitharaman says Crypto Issue Requires Immediate Attention

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According to Union Finance Minister Nirmala Sitharaman, issues relating to crypto assets demand immediate attention.

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In her remarks, FM stated that the G20 recognises the efforts of the FSB and IMF in identifying important components of the policy and regulatory framework.

Image source: FSB, IMF

In addition, she stated that a synthesis work that incorporates macroeconomic and regulatory perspectives on crypto assets is necessary.

Image source: Canva

The Minister remarked that there was agreement among G20 countries to have a globally coordinated policy response on digital currency that accounts for all potential risks.

Image source: Canva



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