India spearheads global crypto regulatory framework under G20 presidency

The writing is on the wall: individual nations attempting unilateral bans on the crypto industry would be counterproductive. Kristalina Georgieva, the International Monetary Fund's Managing Director, reportedly drew an analogy between Crypto and water. She suggested that efforts to ban it would be futile as it would inevitably find its way, emphasising the need for a collective approach.

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