India aims to develop crypto SOPs during G20 presidency, says finance minister

. However, speaking to local Indian reporters on Oct. 15, she confirmed,"That will also be part of India's thing ."

The G20, or Group of Twenty, is a global forum for addressing the major issues related to the global economy. According to Sitharaman, no country can alone effectively handle or regulate crypto, adding that: “But if it’s a question of platforms, trading of assets which have been created, buying and selling making profits and, more importantly in all, these countries are in a position to understand the money trade, are we in a position to establish for what purpose it’s being used?”

Sitharaman further highlighted the use of crypto assets in money laundering as detected by India’s law enforcement agency, Enforcement Directorate. She further added that members of the G20 have also acknowledged the same concerns while reiterating the need for the participation of all countries when it comes to effectively regulating crypto assets.

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They already have not so good reputation

Issue the digital rupee on an existing chain rather than a CBDC

Focus on Bitcoin

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The government of India got a taste of taxes.

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Which is probably not a good thing i hope u realize

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