G20 finance ministers and central bank governors released a joint statement at the Marrakech meeting in Morocco, announcing unanimous agreement on a comprehensive roadmap for regulating crypto assets. The roadmap aims to enhance global financial stability and ensure effective management of cryptocurrencies within the international economic framework. The agreed-upon crypto asset roadmap is based on the comprehensive document released last month in Delhi, which is the blueprint for the official G20 crypto asset roadmap.
This multifaceted roadmap includes policy frameworks, outreach measures beyond the scope of G20 jurisdiction, global coordination, cooperation, and basic information sharing. Addressing existing data gaps in the crypto market is also a major goal of this framework. This collective effort aims to strengthen macroeconomic and financial stability while promoting effective and flexible implementation of a comprehensive crypto asset policy framework.
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