Underneath India’s Group of 20 (G20) presidency, lively discussions round establishing a worldwide framework for cryptocurrencies are underway, India’s Minister of Finance, Nirmala Sitharaman, stated.
On Aug. 28, Indian Prime Minister Narendra Modi pushed for international collaboration on formulating crypto laws amongst G20 member states, which embrace 19 international locations and the European Union. Modi believes that rising applied sciences — like cryptocurrencies — with a worldwide influence must be accompanied by laws and a framework that’s adhered to globally.
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