G20 New Delhi declaration set to give India’s crypto regulation a fillip

India is expected to hold wider discussions on the regulation of crypto assets after the G20 Leaders’ Declaration welcomed the synthesis note by the International Monetary Fund (IMF) and Financial Stability Board (FSB) on crypto assets, said department of economic affairs (DEA) secretary Ajay Seth on Sunday.

“Since there is consensus at the multilateral level on crypto currency and endorsement from the leaders, we will now study it and make our policy accordingly,” Seth said.

India would, however, follow the global consensus on crypto assets, which goes beyond G20.