G20 backs clearer rules for digital assets

• G20 finance officials backed clearer regulatory pathways for digital asset innovation.
• The group also called for better cross-border payments and financial data transfers.
• Officials are awaiting further findings on global stablecoins and related risks.

G20 finance officials have backed clearer regulatory frameworks for digital assets, citing their potential to support economic growth.

The G20 statement also called for better cross-border payments and easier transfers of financial services data between countries.

The group said it would advance frameworks that support digital asset innovation while preserving financial stability.

The G20 also said it is awaiting Financial Stability Board findings on global stablecoin arrangements and related data challenges.

Several G20 members have already introduced rules covering cryptocurrencies and stablecoins, including the EU and US.

The EU has introduced its Markets in Crypto-Assets framework, while the US has passed the GENIUS Act for stablecoins.

The latest statement signals broader G20 support for clearer digital asset rules, but it does not create a single global crypto framework.