According to a source, the crypto guidance note by the G20 Presidency will be a summary of all the work that has been done by various countries and organisations and will be an input for the discussions on the synthesis paper that will take place before the Leaders’ Summit in September
The Indian Presidency's guidance note on crypto will serve as an input in the discussions that will take place prior to next month's G20 Leaders' Summit where India is hoping for "some kind of outcome" in this area.
These discussions will be on the synthesis paper by the International Monetary Fund (IMF) and Switzerland-based Financial Stability Board-FSB, tasked with the responsibility to synthesise the macroeconomic and regulatory perspectives of crypto-assets to help formulate policies.
