Issues related to crypto have emerged as a major point of discussion among G20 countries and there is unanimity among member nations about the urgency to regulate this sector. The brainstorming session was attended by global experts on this issue.
Tech companies such as Amazon, Apple, Google, and Microsoft had opposed the lawsuit. The US has so far issued nearly 1,00,000 work authorisations to spouses of H-1B workers, a significantly large number of whom are Indians.
Rostin Behnam, chairman of the Commodity Futures Trading Commission (CFTC), said the charges against Binance, the world's largest crypto exchange, were part of a campaign to "find and stop misconduct in the volatile and risky digital asset market."