The Finance Minister of India, Nirmala Sitharaman, has urged the G20 nations to pay immediate attention to the issue of crypto assets. She emphasized that the response must be formulated in a way that does not compromise the potential benefits while also safeguarding economies from any potential harm. The call was made during a brainstorming session on ‘Macro-financial Implications of Crypto Assets’ with G20 finance ministers and central bank governors at the IMF Headquarters in Washington DC. Sitharaman acknowledged the work of the IMF and the Financial Stability Board in bringing out key elements of policy and regulatory framework, and emphasized the need for a synthesis paper that would integrate macroeconomic and regulatory perspectives of crypto assets. The finance minister expressed satisfaction at the consensus reached during the G20 Finance Ministers and Central Bank Governors meeting in Bengaluru, which called for a globally coordinated policy response on crypto assets. India is waiting for a global consensus on what should be the appropriate regulatory framework for crypto assets before introducing its own national regulatory system.