Diesen Artikel teilen
Global Crypto Rules to Be Based on Coming FSB and IMF Synthesis Paper, India Says After G-20 Meetings
The paper is expected to be ready by September.
Von Amitoj Singh
Make us preferred on Google
Coming global crypto rules will be based what's in a new synthesis paper jointly produced by the International Monetary Fund (IMF) and the Financial Stability Board (FSB), India announced Saturday after Group of 20 (G-20) meetings in Bangalore. India is this year's G-20 president.
The announcement came after three days of meetings among the 20 largest economies of the world in which creating a global regulatory framework for crypto was a priority.
STORY CONTINUES BELOW
Verpassen Sie keine weitere Geschichte.Abonnieren Sie noch heute den State of Crypto Newsletter. Alle Newsletter ansehen
The discussions held between the G-20 finance ministers and central bank governors were expected to chart the way forward for globally coordinated crypto rules.
The synthesis paper will be submitted during India's G-20 presidency, which culminates in September when India hosts G-20 leaders from around the world, said Indian Finance Minister Nirmala Sitharaman during a press conference.
Asked whether consensus around global crypto regulation that India had prioritized for its G-20 presidency will take placeduring India's term, Sitharaman said that "first of all, we are going through the study process so that there can be informed discussions."
"Something should develop," Sitharaman added, referring to the FSB's expected paper in July that will lead to the synthesis paper by September.
Sitharaman added that Canada's central bank governor cautioned other members that crypto assets should not be given "regulatory seal of approval" without a well-thought-out approach and a framework for implementation.
"The World Bank stated that views of all developing countries should also be included in any (crypto) policy framework," Sitharaman added.
India Central Bank Governor Shaktikanta Das said that there was a marked shift in perception around crypto assets by G-20 nations in the past year, in which several major crypto companies, including the FTX exchange, collapsed. There is now a wide acceptance about the risks involved in crypto assets, Das said.
Read More: India Has Clamped Down on Crypto. What Will It Do With Its G-20 Power?
Mehr für Sie
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
Was Sie wissen sollten:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
Mehr für Sie
Senate Agriculture's crypto market structure draft peppered with Democrat pitches
The latest draft of the major crypto legislation has begun to be targeted with amendments as the Senate Agriculture Committee approaches its hearing next week.
Was Sie wissen sollten:
- Proposed amendments to the Senate Agriculture Committee's crypto market structure bill have been posted, and the Democrats filing the pitches are seeking to push a number of the points they've sought over months of negotiation.
- Democrat amendments include proposals for banning senior government officials from profiting off of crypto interests and a demand for filling the Commodity Futures Trading Commission before new rules can be put in place.
- The committee's markup hearing for the bill is currently scheduled for next week, though a winter storm threatens the U.S. capital.
Top Stories
