First G20 meeting of Finance Ministers, Central Bank Governors to deliberate on crypto-assets

The first G-20 meeting of Finance Ministers and Central Bank Governors (FMCBG) will deliberate on crypto-assets and steps required to regulate them.

Addressing a media briefing, Ajay Seth, Secretary, Department of Economic Affairs, Ministry of Finance, said that discussion on crypto-assets was among the three seminars planned during the first FMCBG and second meeting of G-20 Finance and Central Bank deputies.

The discussion during the seminar will “help in building consensus for crypto-assets”. Seth said that work was underway regarding regulations for cryptocurrency and other assets with assistance from various international organisations.