India Calls on G20 to Bring Crypto Within Global 'Automatic Exchange of Information' Framework

India’s finance minister, Nirmala Sitharaman has expressed on the G20 countries to bring crypto within the Automatic Exchange of Information framework.

More than 100 countries have adopted the common reporting standard under the framework.

She describes cryptocurrency during the G20 Ministerial Symposium on tax and development in Bali, Indonesia on Friday.

Tax transparency is an area where considerable progress has been made with the Automatic Exchange of information in respect of financial accounts also talked about Our investigation have shown that numerous layers of entities are often set up by tax evaders to conceal their unaccounted assets.

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