India aims to develop crypto SOPs during G20 presidency, says finance minister
Cointelegraph
Published Oct 16, 2022 04:30AM ET
Updated Oct 16, 2022 06:00AM ET
The finance minister of India, Nirmala Sitharaman, revealed India’s plan to develop standard operating procedures (SOPs) for cryptocurrencies during its G20 presidency, from Dec. 1, 2022, to Nov. 30, 2023.
Sitharaman has previously called for global collaboration to decide on crypto's future and has been cautious against mainstream crypto adoption citing risks to financial stability. However, speaking to local Indian reporters on Oct. 15, she confirmed, "That (crypto) will also be part of India's thing (agenda during G20 presidency)."
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Written By: Cointelegraph
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