G20 Finance Ministers and Central Bank Governors Recognize the Potential of Digital Assets and Promise to Develop Responsible Innovation Pathways
According to a post by Fox Business crypto reporter on X platform, the G20 presidential statement mentioned digital assets, and the finance ministers and central bank governors of the world's 20 largest economies recognized the potential of digital assets to support economic growth and promised to develop a clear path for responsible innovation. The statement calls for improving cross-border payments, including extending the opening hours of banks and central bank systems, promoting the adoption of ISO 20022 standards, and simplifying the process of cross-border transmission of financial service data. G20 members are waiting for the Financial Stability Board to release research results on the cross-border impact of global stablecoins.