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[fiery phoenix]

The G20 Leaders' Summit in New Delhi, India, will discuss the regulation of cryptocurrency.India is seeking a consensus among G20 nations on crypto assets and has prepared a presidential note on cryptocurrency, including a summary of the IMF and FSB reports.The Financial Stability Board (FSB) and the International Monetary Fund (IMF) have offered a roadmap for nations to regulate crypto assets.

The synthesis paper on crypto will provide additional clarity on the comprehensive plan for nations to integrate virtual digital assets into their digital financial systems.The European Union has already approved the world's first comprehensive set of rules for cryptoasset markets, but the FSB's "global baseline" will be discussed at the G20 summit.India wants the G20 nations to understand the macroeconomic implications of cryptocurrencies and seeks a G20 consensus on crypto norms.Talks are underway on a global framework to regulate crypto assets.

 

[IB DD]

The tier 1 countries know that crypto is the next gen when it comes to the world of international finance. The only problem is that government have been used financial centralization which crypto unfortunately negates. When once they can find a way around this decentralization of crypto, there would be massive adoption of crypto.

 

[Gamer01]

they know how can they generate revenue while providing ease of payments this will attract tourists and tourism will boost their trade economic growth financial stability more ease of payments for freeelancers and ease of payment for travellers by using crypto .