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G20 leaders endorse FSB recommendations on regulation of crypto assets

The G20 member nations have endorsed the Financial Stability Board s recommendations on regulating crypto assets to mitigate associated risks. The leaders have called for effective and consistent implementation of these recommendations globally. They have also welcomed the IMF-FSB Synthesis Paper and the shared work plan for crypto assets. ....

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crypto reporting: G20 leaders decide on swift implementation of crypto reporting framework

The G-20 leaders have agreed on the swift implementation of a reporting framework for crypto assets to prevent tax evasion. The framework, known as the Crypto Asset Reporting Framework (CARF), aims to ensure that non-financial assets like cryptocurrencies are not used to conceal unaccounted wealth. The G20 leaders also reaffirmed their commitment to a globally fair and modern tax system. ....

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