While US ambivalence on international commitments for climate change is known, the Europeans, who project themselves as champions of climate action, are now prevaricating too.

Prime Minister Modi has hailed India's contribution in the world's fight against climate change and global warming, declaring that India is the only G20 nation to have met - before the deadline - climate goals committed at the Paris climate meet.

The government of India will be taking some more time in following other regions like the EU and the UAE in presenting a detailed crypto rulebook. As per Chaudhary, all of the G20 nations are currently in a phase where they are expected to analyse the pros and cons that crypto could bring.