According to CoinDesk, in a roundtable discussion held during the recent G20 meeting, global economic leaders called for greater coordination of global cryptocurrency regulation. Kristalina Georgieva, Managing Director of the International Monetary Fund, expressed opposition to a blanket ban on cryptocurrencies. Jay Shambaugh, a U.S. Treasury official, said that formulating global cryptocurrency rules would not normalize the disaster in the industry. India, as the current G20 presidency, hosted the roundtable. India has issued a recommendation document on cryptocurrency regulation on August 1. In addition, the "Comprehensive Report" jointly developed by the International Monetary Fund and the Financial Stability Board, which is expected to be released at the end of August, will focus on the global macro impact of cryptocurrencies.