G20


Policy

Financial Stability Board to Extend Its Work on Stablecoin Risks in Emerging and Developing Economies

Members of the global financial stability body discussed areas that "warrant further attention" in the crypto sector during a meeting in Toronto last week.

Bloomberg Editor Stacy Marie Ishmael, Financial Stability Board Chair and Dutch Central Bank Governor Klaas Knot at the World Economic Forum's annual meeting in 2023. (Nikhilesh De/CoinDesk)

Policy

India Won't See Crypto or Web3 Bill for Another 18 Months, Senior Lawmaker Tells CoinDesk

"Many important countries, whether it's the US, the UK, India, are going in for elections and so, I'm not sure in 2024 the standards will develop," Sinha said.

Jayant Sinha, Chair of the standing committee on Finance in the Indian Parliament speaking at India Blockchain Week in Bengaluru. Dec. 7, 2023. (Allan Christian/CoinDesk)

Policy

Failure of Multi-Function Crypto Firms a Limited Threat to 'Real Economy': FSB

A new report by the Financial Stability Board said further assessments of possible implications are required because "significant information gaps remain."

Stable Stability Balance (Unsplash)

Policy

India Will Decide on Its Crypto Stance in Coming Months

India's individual position on crypto has been under further scrutiny since it steered the G20 towards endorsing a global framework for crypto.

Shaktikanta Das, Governor, Reserve Bank of India (left) and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

Videos

India’s G20 Presidency, Blockchain Week Outlook

Host Angie Lau breaks down the crypto presence at India's G20 summit as global leaders discuss establishing a regulatory framework for digital assets. Plus, an outlook on the upcoming blockchain discussions in Singapore, Philippines and Dubai. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."

Forkast IQ

Policy

Global Standard Setters to Deliver Global Crypto Policy Roadmap

The Financial Stability Board and the International Monetary Fund are set to deliver a paper calling for global coordination on crypto policy at this weekend's G20 summit.

(NASA/Unsplash)

Policy

G20 Set to Crystalize Global Crypto Rules as India Wraps Up Presidency

G20 nations, supported by the FSB and IMF under India’s presidency, are set to bring into implementation perhaps the first global crypto regulations ahead of the Leaders’ Summit in September.

Indian fFnance Minister Nirmala Sitharaman (right) with U.S. Treasury Secretary Janet Yellen (Indian Finance Ministry)

Policy

G20 President India Publishes Its Input for Framing Global Crypto Rules

India's presidency note on crypto is an effort to have its suggestions included in the framing of global crypto rules.

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

Policy

G20 Nations Welcome FSB's Tougher Crypto Rules, Says Presidency Holder India

On Monday, international standard-setter FSB called for tougher rules on safeguarding crypto clients’ assets.

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

Policy

Stablecoins Pose 'Existential Threat' to Policy Sovereignty, Says India Central Bank Official: Report

"If large stablecoins are linked to some other currency, there is a risk of dollarization," RBI Deputy Governor Rabi Sankar has said.

The Reserve Bank of India (Shutterstock)

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