The G20, an intergovernmental forum consisting of 19 countries, the European Union, and the African Union, has embraced a regulatory roadmap proposed by the International Monetary Fund (IMF) and the Financial Stability Board (FSB) for the regulation of digital currencies. The roadmap emphasizes the implementation of comprehensive regulatory policies and advocates for supervision of the industry rather than an outright ban on cryptocurrencies. During a meeting held under the Indian Presidency, the Finance Ministers and Central Bank Governors of G20 nations unanimously adopted the G20 Finance Ministers and Central Bank Governors Communique, which calls for stronger guidelines and a coordinated implementation of the roadmap. The communique also highlights the importance of global coordination, cooperation, and information sharing, as well as addressing data gaps. The IMF and FSB are expected to provide regular updates on the progress of implementing the G20 Roadmap on Crypto Assets.

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Information	Details
Geography	Global
Countries	🇮🇳 🇲🇦
Sentiment	positive
Relevance Score	1
People	None
Companies	International Monetary Fund (IMF), Central banks, Group of Twenty (G20), Financial Stability Board (FSB), FATF (Financial Action Task Force)
Currencies	Ethereum, Bitcoin, Litecoin, Polygon
Securities	None