India, a country that has at times sought to ban and severely limit crypto usage within its borders, has as of Dec. 1 assumed the presidency of the Group of 20 – the intergovernmental forum of some of the world’s largest economies – just as much of the world is pondering whether stricter regulation of the industry is needed.

As India takes over the group, which includes 19 nations and the European Union as a bloc, for the next year, the country will bear the responsibility of shaping the group’s agenda.

(by Amitoj Singh)