November 18, 2024

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G20 nations reaffirm responsible use and development of AI technology

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G20 nations reaffirm responsible use and development of AI technology

As India handed over the G20 Presidency to Brazil, the member nations have committed to harnessing

India’s Minister of Finance Nirmala Sitharaman confirmed that G20 members are working toward establishing a global crypto framework.

Indian Finance Minister Nirmala Sitharaman speaking about establishing global crypto regulations. Source: Global Fintech Fest

During the summit, Sitharaman highlighted the need for global cooperation to help regulate cryptocurrencies worldwide.

“In an interconnected world, financial technology transcends borders, therefore making cross-border partnerships absolutely crucial,” she concluded.