The Financial Stability Board (FSB) of the G20 said on Thursday it would take steps to tackle "vulnerabilities" and data gaps in decentralised finance (DeFi) highlighted by the collapse of cryptocurrency exchange FTX last year. The fast-growing and unregulated DeFi segment offers trading, borrowing, and lending in cryptocurrency assets by using public blockchains to r...
G20 finance and central bank chiefs meet in India next week at the first-year anniversary of Russia's invasion of Ukraine to discuss rising debt troubles among developing countries, the regulation of cryptocurrencies and the global slowdown.
Nearly 1.50 lakh foreign delegates are expected to arrive in India this year to participate in various G20 meetings to be held in 56 cities, Union Tourism Minister G Kishan Reddy said today.
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