G20 nations rally for implementation of crypto roadmap proposed by IMF

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G20 nations rally for implementation of crypto roadmap proposed by IMF
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Finance Ministers and Central Bank Governors (FMCBG) from G20 countries endorsed the G20 Roadmap on Crypto Assets under the Indian presidency on Frida

G20 nations embraced the G20 Roadmap on Crypto Assets, underlining the need for a comprehensive crypto policy. The G20 roadmap provides a plan for implementing crypto regulations based on IMF-FSB's Synthesis Paper first released in September. The G20calls for updates from the IMF and FSB to track the progress of implementing the proposal. y.

adopted a joint communique in the fourth and final meeting held in Morocco. G20 nations embrace crypto framework Communiqué adopted the roadmap that was first proposed in an IMF-FSB Synthesis Paper. # ́ # # … pic.twitter.com/RwyfzLo8aB — Ministry of Finance October 13, 2023 “This detailed and action-oriented roadmap will help coordinate global policy as well as develop mitigating strategies and regulations on crypto assets while also taking into consideration the specific implications on Emerging Markets and Developing Economies , according to the official release.

noted in the statement the International Monetary Fund and the Financial Stability Board provide regular and structured updates on the progress of implementing the G20 Roadmap on Crypto Assets. Bitcoinstabilized after G20 adoption The roadmap called for ensuring effective, flexible, and coordinated implementation of a comprehensive policy framework for crypto assets, with emphasis on global collaboration.

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