G20 Members Want to Work Together to Control Crypto
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Members belonging to the G20 club intend to join forces to control the movement of funds in digital currencies.
According to India’s economic affairs secretary, Ajay Seth, cryptocurrencies have become a major influence on the global economy, so it is necessary not only to ensure transparency of transactions with virtual assets, but also the safety of market participants.
The event, that was conducted in Bangalore, was focused on the interaction between G20 central banks and the development of fintech.
He has emphasized:
“Regulation must be based on a vision that is accepted by all. Helping countries reach consensus on a policy approach to digital assets is a priority.”
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