From Regulation To Data Management: Key VDA Takeaways From IMF-FSB Paper

The IMF-FSB paper serves as an umbrella, amalgamating the viewpoints and guidelines of various global standard-setting bodies.

The IMF-FSB the paper's core message is that continuous monitoring, well-defined regulatory policies, and clear taxation norms are the way forward. ( Image Source :Getty )

By Kiran Mysore Vivekananda The recent synthesis paper published jointly by the IMF (International Monetary Fund) and FSB (Financial Stability Board), at the request of the Indian G20 Presidency, casts light on the evolving global stance on Virtual Digital Assets (VDA).  The paper serves as an umbrella, amalgamating the viewpoints and guidelines of various global standard-setting bodies. This unified voice seems poised to assist authorities in navigating the VDA markets and the