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The next president of Argentina will be Javier Milei after his opponent Sergio Massa conceded on Sunday evening, saying "Argentines chose another path." With roughly 87% of the votes counted, Milei had 56% of the tally versus Massa's 44%, according to Bloomberg. Trading quietly through most of the weekend, bitcoin
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The self-described anarcho-capitalist has been supportive of bitcoin, calling it "the return of money to its original creator, the private sector." Source
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At the same meeting, key U.S. Treasury official Jay Shambaugh said drafting global crypto rules wouldn't normalize the sector's disasters, much like how mandating seat belts didn't normalize car crashes. The roundtable, which was hosted by India as the current G20 president, was conducted under Chatham House rules and thus
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News of the existence of such a note first emerged ahead of the Finance Ministers and Central Bank Governors (FMCBG) meeting in India last month through Ajay Seth, a senior official of the Indian Finance Ministry. Later, at the post-event media briefing, without revealing details of the note, Seth said
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“Members also discussed the presidency note that India had prepared and noted that it would be an important input towards prioritizing areas of work essential for achieving a comprehensive cohesive and coordinated global policy and regulatory framework," said Sitharaman. Source
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Twitter founder Jack Dorsey has thrown his weight behind pro-crypto Democrat presidential candidate Robert F. Kennedy Jr. “He can and will,” wrote the Block Inc. CEO, sharing a YouTube clip from Fox News featuring Kennedy explaining how he plans to beat popular Republican presidential candidates Ron DeSantis and Donald Trump. He
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The Reserve Bank of India (RBI) says one of the priorities for the G20 under India’s presidency is to “develop a framework for global regulation, including the possibility of prohibition, of unbacked crypto assets, stablecoins, and defi.” The Indian central bank warned that “turmoil in crypto assets market” is among
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“The IMF is [a member] of the FSB but the FSB, established after the 2009 G20 London Summit is seen to be closer to the G20 and the U.S. at a time of Russia’s war against Ukraine,” said a source often consulted on policy matters by India’s Finance Ministry. “India
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With the presidency, India – which has passed what the local industry has criticized as a crippling tax regime, while the country's central bank has called for a ban on cryptocurrencies – will now have a prominent role in framing global crypto regulation. As hosts, India will set the agenda
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The finance minister of India, Nirmala Sitharaman, revealed India’s plan to develop standard operating procedures (SOPs) for cryptocurrencies during its G20 presidency, from Dec. 1, 2022, to Nov. 30, 2023.Sitharaman has previously called for global collaboration to decide on crypto's future and has been cautious against mainstream crypto adoption citing
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