Bitcoin trades at Rs 16.25 lakh, G20 to review OECD’s crypto framework and more

G20 to review crypto framework prepared by OECD

G20 will review the cryptocurrency-related framework (that was recently submitted) in its upcoming meeting. The move is a part of the larger trend across the globe where countries are moving towards strong regulations in regard to cryptocurrency. Finance Ministers and Central Bank Governors from G20 member states will be reviewing the Crypto-Asset Reporting Framework (CARF) presented by the Organization for Economic Co-operation and Development (OECD). G20 consists of twenty countries such as China, India, South Korea, Brazil, the US, the United Kingdom, and the European Union. Read more here