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Crypto to climate: Delhi takes step back to move forward, get consensus

September 9, 2023
Source: indianexpress.com indianexpress.com
News Snapshot:
FROM calling for a global framework on regulating crypto-assets to yielding on climate transition, India, as part of its G20 presidency, is working to evolve a consensus on a range of contentious issues even if that means stepping back on many of its stated position. On Thursday, the International Monetary Fund (IMF) and the Financial Stability Board (FSB), released a policy paper, at the request of the Indian G20 Presidency, which recommended against an outright ban on crypto-assets. Instead, it suggested introducing a licensing regime for crypto-asset platforms bringing the asset under the fold of anti-money laundering and counter-terrorist financing...
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Tags: advertising | ban | bank | banking | bitcoin | blockchain | boycott | capital | China | climate change | court | crypto | cryptocurrency | currency | Delhi | development | digital | Economy | energy | ESG | finance | financial | financing | fintech | food

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