FM urges IMF to develop globally coordinated approach to crypto regulations

Finance Minister Nirmala Sitharaman on Thursday held a discussion with IMF managing director Kristalina Georgieva and urged the multi-lateral funding agency to develop a globally coordinated approach to the regulation of crypto assets.

The Finance Minister held a virtual conversation with the International Monetary Fund (IMF) MD to discuss the upcoming G20 Finance Ministers and Central Bank Governors (FMCBG) meeting, scheduled to be held in Bengaluru later this month.

Sitharaman also thanked IMF for the support that it had been providing to the G20 Indian presidency on various work streams under the G20 FinanceTrack.