WASHINGTON, April 13 (Reuters) - Indian Finance Minister
Nirmala Sitharaman said on Thursday there was a greater
acceptance among Group of 20 member countries that any new
regulations on the crypto assets need to be globally
coordinated, and said crypto assets not backed by central banks
can fall and cause macroeconomic instability.
"The G20 and its members agree that it's not going to be
possible to have an independent, standalone country dealing with
the crypto assets," Sitharaman told a news conference after a
meeting of G20 finance ministers and central bank governors.
(Reporting by David Lawder; Editing by Leslie Adler)
david.lawder.thomsonreuters.com@reuters.net))
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