The Reserve Bank of India (RBI), India’s central bank, will lead discussions on global crypto regulation at the forthcoming G20 Summit. India is hosting this event, and its stance on cryptocurrency has been generally unfavourable, causing some consternation in the crypto community. The RBI indicated in a recent assessment that the crypto asset class might cause havoc in global markets in a variety of ways. Officials in the country, including the finance minister, have spoken about a shared framework on which countries may collaborate. It even outlined a crypto proposal, including this global policy approach as a core component.