Proposal on cryptocurrencies to be discussed at G20 leaders' summit – govt source

NEW DELHI (Reuters) – A government source said on Wednesday that a proposal by the International Monetary Fund (IMF) and Financial Stability Board (FSB) on cryptocurrencies will be discussed at the G20 leaders’ summit this weekend. The IMF and FSB have submitted a paper on cryptocurrencies to participating countries, and India has also prepared a presidential note summarizing the report.

The G20 leaders’ summit, scheduled for this weekend, will address the proposal on cryptocurrencies put forward by the IMF and FSB, according to a government source. The source also revealed that a paper on cryptocurrencies has been submitted by the IMF and FSB to participating countries. Additionally, India has prepared a presidential note containing a summary of the report.

The discussion of the proposal on cryptocurrencies by the IMF and FSB will take place at the upcoming G20 leaders’ summit, indicated a government source. The IMF and FSB have submitted a paper on cryptocurrencies to the participating countries, and India has prepared a presidential note summarizing the report.

During the G20 leaders’ summit this weekend, the proposal concerning cryptocurrencies by the IMF and FSB will be deliberated, revealed a government source. The IMF and FSB have circulated a paper on cryptocurrencies to the countries involved, and India has formulated a presidential note that provides a condensed version of the report.

A proposal on cryptocurrencies by the IMF and FSB is set to be discussed at the upcoming G20 leaders’ summit, according to a government source. The IMF and FSB have shared a paper on cryptocurrencies with participating countries, and India has also compiled a presidential note summarizing the report.

Source: Reuters