India’s G20 Presidency Aims to Create Framework for Crypto Risks: Nirmala Sitharaman

  • India’s G20 Presidency, led by Nirmala Sitharaman, aims to create a common framework for crypto risks.
  • Last year’s episode of FTX’s bankruptcy following a spat with Binance caused a huge sell-off and reduced liquidity in the market.
  • This event highlighted the vulnerability of this asset class, as they do not have any underlying value.

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