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Two futures for crypto: Why FSB's warning matters for markets
The G20’s Financial Stability Board latest review reveals a fork in the road for crypto regulation. One path leads to coordinated global standards. The other to regulatory arbitrage and elevated systemic risk. Here's what each scenario means for investors. 
India's Minister of Finance, Nirmala Sitharaman, has verified ongoing discussions within the G20 about establishing an international framework for cryptocurrencies. She views digital assets as both a challenge and an opportunity. "In an interconnected world, financial technology transcends borders, therefore making cross-border partnerships absolutely crucial,” Sitharaman said. Previously, India's Prime Minister had also emphasized the need to embrace technological advancements and develop comprehensive global regulations. IMF and G20 to introduce global crypto regulation
At the end of February, the International Monetary Fund and G20 member countries made strong statements about the future of the cryptocurrency market. While claiming to expand the dialogue, these international institutions essentially declared war on the crypto industry and immediately began discussing terms of surrender. 
FSB's Crypto Guidelines Greeted Positively by G20 Leaders
The Financial Stability Board's (FSB) guidelines on crypto assets and international stablecoin operations have gained support from the Group of Twenty (G20) nations. This development was announced by Nirmala Sitharaman, India's Finance Minister, in a press briefing on Tuesday. Currently, India holds the presidency of the G20. 
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