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IMF official identifies regulating crypto assets and digital currency as priority mid-term issues for India

Regulating crypto assets along with digital currency, addressing the remaining regulatory concerns in the banking sector and integrating with the global economy are among the few mid-term structural issues for India, a top official from the International Monetary Fund has said. Overall, the IMF is looking at India in “a very positive fashion,” said Tobias Adrian, Financial Counselor and Director of the Monetary and Capital Markets Department. Adrian said that “regulating crypto assets is certainly high on the agenda” for India when it comes to mid-term structural issues that the country needs to address in the coming years. Take a look