Two days ahead of the G20 Summit meeting in New Delhi, the IMF and the FSB had come up with a paper on crypto, which stated a comprehensive policy and regulatory response for crypto-assets is necessary to address the risks of crypto-assets to macroeconomic and financial stability.
“Managing global debt vulnerabilities is a significant priority area for 2023, reflecting the Indian Presidency’s endeavour to voice the concerns of the Global South,” the outcome document of the meeting read.
The US financial markets regulator Securities and Exchange Commission (SEC) has charged the creator of CoinDeal Crypto Scheme, and seven others for their involvement in a fraudulent investment scheme, where they raised more than USD 45 million from sales of unregistered securities to tens of
Frankfurt [Germany], July 12 (ANI): The nature and scale of crypto markets are evolving rapidly, said the European Central Bank (ECB), adding that if the current trends continue, it will pose risks to financial stability.