G20 President India Sets Out Vision for Global Crypto Rules

  • The need for a comprehensive regulatory framework that addresses all aspects of the crypto ecosystem. This would include the need to regulate the issuance, trading, and use of cryptocurrencies.
  • The need to ensure that cryptocurrencies are not used for money laundering or terrorist financing. This would require the implementation of strong AML/CFT controls.
  • The need to protect consumers from fraud and other risks associated with cryptocurrencies. This would require the implementation of consumer protection measures.
  • The need to promote innovation in the crypto space. This would require the regulatory framework to be flexible enough to adapt to technological change.

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