ChainCatcher news, Coinbase stated that it will promote the establishment of global cryptocurrency uniform rules at the G20 meeting in Brazil. Coinbase Vice President Nana Murugesan expressed the hope to collaborate with the Ministry of Finance, the central bank, and regulatory agencies to promote "shared principles among countries."Murugesan stated, "You will see Coinbase active in these 24 countries, and our goal is to reach some consensus and some guiding principles on regulatory issues related to Web3."

ChainCatcher news, G20 member country leaders expressed support on Saturday for the recommendations of the Financial Stability Board (FSB) and the International Monetary Fund (IMF) regarding the regulation and oversight of crypto asset activities and markets, as well as global stablecoins.The G20 will continue to closely monitor the rapidly evolving risks of the crypto asset ecosystem. The G20 finance ministers and central bank governors will discuss advancing the proposed roadmap by the FSB and IMF at their meeting in October 2023. The next G20 finance ministers and central bank governors meeting is scheduled to be held in Marrakech, Morocco.The G20 leaders' summit declaration stated, "We warmly welcome the comprehensive document submitted by the IMF-FSB (which includes the roadmap), which will support a coordinated and comprehensive policy and regulatory framework, while taking into account the pervasive risks as well as the risks unique to emerging markets and developing economies (EMDE), and the FATF standards being implemented globally to address money laundering and terrorist financing risks."G20 leaders acknowledged the work plans of the FSB and standard-setting bodies (SSBs) on crypto assets, as well as the report from the Bank for International Settlements (BIS) on key elements and risks of the crypto ecosystem.G20 leaders also called for the swift implementation of the Crypto Asset Reporting Framework (CARF) and the amendments to the Common Reporting Standard (CRS).

ChainCatcher news, according to CoinDesk, the Chair of the Financial Stability Board (FSB) Klaas Knot stated that the FSB and the International Monetary Fund (IMF) will launch a joint document on global cryptocurrency policy at the G20 summit.It is reported that the document includes a roadmap for implementing a cryptocurrency policy framework, including global coordination, cooperation, and information sharing. The document was submitted at the request of the G20 presidency of India.

ChainCatcher news, according to Cointelegraph, Indian Prime Minister Modi called for global cooperation to establish cryptocurrency regulations during the G20 summit. As the G20 chair country, India is willing to take on the task of advocating for a comprehensive global cryptocurrency regulatory framework. It is understood that India has long advocated for the establishment of a global cryptocurrency framework; however, domestically, the cryptocurrency regulatory environment still lacks transparency and is subject to high taxes. The country imposed a 30% tax on cryptocurrency gains in 2022.