Coin Edition -
- Finance Minister Nirmala Sitharaman had a virtual meeting with the IMF MD Kristalina Georgieva.
- They conversed about the need for a globally coordinated approach to the regulation of crypto assets.
- IMF MD appreciated India for its leading position in the digital space.
During a virtual conversation with Kristalina Georgieva, held on February 9, the Managing Director of the International Monetary Fund (IMF), Finance Minister Nirmala Sitharaman, proposed to the multilateral funding agency to introduce a globally coordinated approach to the regulation of crypto assets.
Notably, the Finance Minister and the IMF Chief discussed the role of the IMF and other significant international organizations in creating a set of crypto regulations applicable on a universal scale.
In addition, the Finance Minister and IMF MD conversed about the upcoming G20 Finance Ministers and Central Bank Governors (FMCBG) meeting, scheduled to be held at the end of February in Bengaluru.
Earlier this month, Ms. Sitharaman commented on the efforts made by the country to advocate more crypto regulations:
Whilst recognizing the central bank as the authority for issuing cryptocurrenc…The post Finance Minister and IMF MD Talk about Global Crypto Regulation appeared first on Coin Edition.