India G20 confirms ‘active discussions’ around global crypto framework

    Sitharaman said crypto was a “threat as well as an opportunity” while confirming that G20 members are working toward establishing a global crypto framework. Under India’s Group of 20 (G20) presidency, active discussions around establishing a global framework for cryptocurrencies are underway, India’s Minister of Finance, Nirmala Sitharaman, said. On Aug. 28, Indian Prime Minister…

    Aptos’ new user growth hits 900% after integration with social media app Chingari

    Chingari started the migration to Aptos in July, seeking an enhanced experience for users following Solana’s network outages in 2022. The Aptos blockchain has seen a surge of activity following its integration with Chingari, an Indian social media platform previously powered by Solana. According to on-chain data, the number of new users jumped 900% over the previous…

    Where crypto can grow: Digital asset regulations around the worl

    While many countries have sped up their efforts to regulate cryptocurrencies following a crisis-filled 2022, most still lack a clear framework for the industry to build around. As cryptocurrencies continue to become a bigger part of the global economy, more and more governments are exploring ways to regulate the industry and construct rules for firms…

    FSB, IMF and BIS papers to set global crypto framework, says G20

    A series of recommendations and papers setting standards for a global crypto regulatory framework will be released by the institutions in July and September. The Financial Stability Board (FSB), the International Monetary Fund (IMF), and the Bank for International Settlements (BIS) will deliver papers and recommendations establishing standards for a global crypto regulatory framework, the…

    Coordinated global crypto policies: G20 key financial stability priority

    India’s finance minister called for a coordinated effort “for building and understanding of the macro-financial implications,” which could be used to build global crypto reforms. The first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under India’s presidency discussed key financial stability and regulatory priorities. India urged member nations to understand the macro-financial implications…

    The world must take a ‘collective action’ approach to regulations – suggests India’s Finance Minister

    Nirmala Sitharaman hopes that finance ministers and central bank governors will be able to agree on crypto regulations in the G-20 meeting in Bengaluru later this month. India’s Finance Minister, Nirmala Sitharaman, suggested that regulation “cannot be done” by a single country, it requires an international effort, in a recent television interview. Speaking to Rahul…