🇮🇳 India Demands G20 to Jointly Develop Crypto Regulation

At the meeting of the heads of financial departments of the G20 countries, India, which chairs the organization, called for a coordinated approach to the issue of crypto regulation.

A global control system is needed. This is the only way to ensure financial stability, said Indian Finance Minister Nirmala Sitharaman. The official has made similar appeals before. And now, within the framework of the G20, he is trying to get the topic of regulating the crypto world on the global agenda.

The Indian authorities are already increasing pressure on the domestic crypto market. In addition to strict fiscal policy, there is an unspoken ban on crypto advertising.

The Cricket Council, for example, recently suggested that the women's league refrain from cooperating with blockchain companies offering sponsorship for the placement of advertising content at the championship.