India Wants to Build Global, Tech-Driven Regulatory Framework for Crypto

As India prepares to begin its one-year presidency of the G20 beginning Dec. 1, it will look to work toward a global, tech-driven regulatory framework for crypto, India’s finance minister Nirmala Sitharaman said. "During our engagements, we heard that already institutions which are associated with the G20 or the World Bank or any other, are doing their own assessment and studies of matters related to cryptocurrencies or crypto assets," Sitharaman said. The intention is to collate information, study it and place it before the G20 members to discuss and arrive at a framework so that globally countries can have a technology-driven regulatory framework for crypto.