The Block4 minutes ago

Published on August 02, 2023 12:46 GMT+00:00edited on August 02, 2023 12:49 GMT+00:00

India is keen to prioritize global coordination on cryptocurrency rules as head of the G20 group of nations. 

The world's largest country by population has released a G20 presidency input note proposing a path for the development of globally coordinated rules for crypto assets. The international push for clearer policies on crypto assets has gained momentum under the Indian G20 Presidency, which began December 2022.

"There is still need for coordination in consistent implementation of crypto asset regulations and guidance put in place by different jurisdictions. We hope this will help prioritize areas of work essential to achieving a comprehensive, cohesive and coordinated global policy and regulatory framework," the note said.

Tuesday's input note concurs with Financial Stability …