FM Sitharaman urges IMF to take the lead in cryptocurrency regulation

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In the midst of debates and discussions about cryptocurrency regulation, Finance Minister Nirmala Sitharaman urged the International Monetary Fund (IMF) to take the lead. The minister has called for a global coordinated and synchronised approach to the regulation of crypto assets.

Sitharaman discussed the issue with IMF managing director Kristalina Georgieva in New Delhi on Wednesday, according to a tweet from the ministry. Georgieva also stated that, despite global uncertainty and headwinds, India remains a bright spot in the global economy, according to the ministry. Among other things, the minister emphasised the importance of completing the 16th General Review of Quotas (GRQ) in a timely manner that addresses global economic inequality and imbalances.

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FM Sitharaman urges IMF to take the lead in cryptocurrency regulation

In the midst of debates and discussions about cryptocurrency regulation, Finance Minister Nirmala Sitharaman urged the International Monetary Fund (IMF) to take the lead. The minister has called for a global coordinated and synchronised approach to the regulation of crypto assets.

Sitharaman discussed the issue with IMF managing director Kristalina Georgieva in New Delhi on Wednesday, according to a tweet from the ministry. Georgieva also stated that, despite global uncertainty and headwinds, India remains a bright spot in the global economy, according to the ministry. Among other things, the minister emphasised the importance of completing the 16th General Review of Quotas (GRQ) in a timely manner that addresses global economic inequality and imbalances.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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