G20 chair India says talks underway for global framework on crypto rules
[1/2]India's Finance Minister Nirmala Sitharaman speaks at the Global Fintech Fest in Mumbai, India, September 5, 2023. REUTERS/Francis Mascarenhas Purchase Licensing Rights
MUMBAI, Sept 5 (Reuters) - Discussions are underway on a global framework to regulate crypto assets, India's finance minister said on Tuesday, adding that cryptocurrencies could not be regulated efficiently without the co-operation of all countries.
"India's (G20) presidency has put on the table key issues related to regulating or understanding that there should be a framework for handling issues related to crypto assets," Nirmala Sitharaman said at an event in the financial capital of Mumbai.
"Active discussions are happening."
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Reporting by Swati Bhat, Siddhi Nayak; Writing by Shivam Patel
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