Eleanor Terrett reported that G20 Finance Ministers and Central Bank Governors acknowledged the potential of digital assets to support economic growth and pledged to lay out a clear path for responsible innovation. The G20 Chair's Statement, released today by Finance Minister Scott Bessent, urged improvements in cross-border payments, including keeping systems used by banks and central banks for large-value or urgent payments open for longer, expanding the use of ISO 20022, a common global messaging standard used by banks, and making it easier to transmit financial services data across borders.
