Finance Minister Nirmala Sitharaman has said that India, under the chairmanship of the G20, aims to create a common framework for all countries to deal with the risks associated with cryptocurrencies. In fact, there has been a lot of turmoil in the crypto market in recent times. With the collapse of the crypto exchange FTX and the subsequent selloff in the crypto market, doubts about the crypto ecosystem have started to deepen. Union Finance Minister Nirmala Sitharaman said at the Peterson Institute for International Economics in the US, “Cryptocurrencies are a very important part of the deliberations in India’s G20 presidency, given the huge upheaval in the crypto market. We want to develop a common framework for all countries to deal with this situation. Sitharaman said that the G20 group is trying to bring all countries together to reduce debt pressure in middle and low income countries like Sri Lanka and Ghana. He said, “G20 gives India an opportunity to bring all countries together to reduce debt pressure in middle income and low income countries. Multilateral institutions are providing solutions for debt-ridden countries. Noting that the G20 presidency has been held by emerging market countries for three consecutive years, Sitharaman said it will bring the ideas of emerging markets and the voice of the ‘Global South’ to the G20 forum. It is worth mentioning that in 2022 the G20 was chaired by Indonesia, in 2023 India is its chair and next year Brazil will become the chair of the G20 group. Language Mansi Ajay !function(f,b,e,v,n,t,s) {if(f.fbq)return;n=f.fbq=function(){n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)}; if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′; n.queue=();t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)(0); s.parentNode.insertBefore(t,s)}(window, document,’script’, ‘ fbq(‘init’, ‘550264998751686’); fbq(‘track’, ‘PageView’);