IMF official identifies regulating crypto assets and digital currency as priority mid-term issues for India - Shahpur Turk CSC - Common Service Centre in Sonipat IMF official identifies regulating crypto assets and digital currency as priority mid-term issues for India

22 April 2022

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,” Tobias Adrian, Financial Counselor and Director of the Monetary and Capital Markets Department told PTI on Tuesday. "I think there are many opportunities and growth (in India is coming back). There's a recovery. There's a lot of excitement around new growth opportunities, new developments,” he said on the sidelines of the annual spring meeting of the IMF and the World Bank.

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