G20 Finance Chiefs Agree Global Policy Responses to Crypto Are Required – Regulation Bitcoin News

The G20 finance ministers and central bank governors have agreed that crypto regulation cannot be confined to one part of the world, said India’s finance minister. “Any action on crypto assets will have to be global,” she stressed, adding that the G20 finance chiefs’ discussion on crypto was “very substantive.

“I am glad to say that there is a greater acceptance among all G20 members that any action on crypto assets will have to be global,” Sitharaman reiterated, adding that “the G20, I think, has responded fairly with alacrity” on the challenges posed by crypto assets. The way in which we are seeing this pan out during our presidency is the IMF’s paper is being discussed. FSB’s paper also will be taken up, and a synthesis paper will be prepared from the IMF paper and the FSB paper both put together.

The Indian finance chief also noted that crypto assets can potentially cause macroeconomic instability, stating:

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Don't understand why they stopping crypto from moving progres

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El Salvador and G193 as G20 try to exert what is left of their fiscal power... Poor FinMinIndia

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She is a politician) she will say anything to spoil the mood of competitors and strengthen her position

भारत के वित्त मंत्री ने कहा कि G20 वित्त प्रमुख इस बात से सहमत हैं कि क्रिप्टो को 'दुनिया के एक हिस्से तक सीमित' नहीं रखा जा सकता है। cryptocurrency

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Governments pushing back. Authoritarianism or decentralization.

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UAE confirms to IMF support of $1 bln to Pakistan - finance ministerThe United Arab Emirates has confirmed to the International Monetary Fund that it will provide support of $1 billion to Pakistan, the South Asian country's finance minister said on Friday. This is extremely shameful for us as a nation. The regime that has brought us into this situation should be banned from the country for the rest of their lives along with their children and their parties should be banned as well. That money ain’t gonna come back to you forever.!
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Meet the woman who may revamp climate finance for vulnerable nationsBarbados' Mia Mottley is pushing for change at the World Bank and IMF, among others. 😂 And make more of a grift? Yes…Barbados is where all the important people come from. I’m sure her bank account has swelled.
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