Indian Finance Minister Nirmala Sitharaman said crypto assets regulation should be an international priority and will be a hot topic at a summit next month, opening India’s yearlong presidency of the Group of 20 nations. The country will host the annual G-20 summit next year and thus help shape the agenda. Speaking at an annual…
The Bank for International Settlements (BIS), the International Monetary Fund (IMF), and the World Bank argue to the G20 that central bank-issued digital currencies (CBDC) will benefit worldwide development. In a new joint report, they have proposed to create a cross-border network of central bank digital currencies (CBDC), underpinned by efficient technological integration and proactive…