G20 leaders support FSB recommendations on crypto regulation
The leaders of the G20 nations have thrown their weight behind the Financial Stability Board’s (FSB) recommendations regarding the regulation of crypto. In a landmark move, the G2O intergovernmental forum, on Sept. 9, voiced its support for a slew of recommendations prepared by the FSB to regulate and oversee the global crypto industry. The announcement, made by Indian Finance Minister Nirmala Sitharaman, came at the New Delhi Leaders’ Meeting, where G20 members expressed their intent to monitor the fast-paced changes in the digital finance space. BREAKING: India's Finance Minister Nirmala Sitharaman just dropped some MAJOR NEWS FM Nirmala Sitharaman announces #G20's keen interest in IMF-FSB's #crypto synthesis paper A roadmap for the future of crypto is on the horizon pic.twitter.com/52aVb0vzqk — Keyur Rohit (@CryptoKingKeyur) September 9, 2023 In its declaration, the group detailed how financial ministers and central bank governors from member sta...