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India to leverage AI for making digital public infrastructure more efficient
India intends to integrate AI technology into digital public infrastructure (DPI) to improve efficiencies and redefine the country's digital ecosystem.
India intends to integrate AI technology into digital public infrastructure (DPI) to improve efficiencies and redefine the country's digital ecosystem.
Standing firm on regulating the global digital asset sector, Finance Minister Nirmala Sitharaman says collaboration is the key to achieving this, noting that no nation can regulate it single-handedly.
In a letter to finance ministers from the G20 countries ahead of the São Paulo meeting, the chairman of the Financial Stability Board also pledged to explore the impact of asset tokenization.
With the growing popularity of digital asset trading, India marked the year 2023 with various regulations geared toward safeguarding the space, even pushing for a common framework on the global stage.
In this CoinGeek Backstage episode, Web3 leaders Dr. Satya Gupta, Dilip Chenoy, and Dr. Shiv Kumar discuss India's potential as a global blockchain leader, with a focus on public-private partnerships, GDP growth, and talent development.
More countries are expected to follow suit in crafting regulations for the digital asset industry following the move by the G20 to adopt a roadmap calling for the implementation of policy frameworks.
At the recent Transforming Public Utilities Conference by Blockchain for Productivity Forum, thought leaders in India shared their insights on transforming public utilities with blockchain technology.
With the newly released joint paper, FSB and IMF encourage nations to "address data gaps necessary to understand the rapidly changing crypto-asset ecosystem."
Finance Minister Nirmala Sitharaman is leading the efforts for common guidelines among G20 nations as India's push for global virtual currency regulations faces challenges ahead of G20 Summit.
India's Prime Minister Narendra Modi calls for global digital currency regulation at the yearly G20 summit and wants global regulators to be focused on adoption and a unified approach to regulation.
Current G20 president India is proposing a global digital asset regulatory framework in the hopes of steering the international body's agenda toward a coordinated approach to digital asset oversight.
A three-day meeting held in Gandhinagar, India, saw discussions on the protection of local investors and the financial integrity of national economies from digital currency risks.