“Whilst recognizing the central bank as the authority for issuing crypto currency, the rest of the assets which are being created outside which are using very useful financial technologies, even those will have to be discussed because regulation cannot be done by any one country singularly, it has to be a collective action because technology doesn’t group any borders,” Sitharaman added.
Source: https://www.coindesk.com/policy/2023/02/03/india-reveals-imf-is-working-with-g-20-for-crypto-regulations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines