Finance ministers and central bank governors from the world's 20 largest economies recognized the potential of digital assets to support economic growth in a G20 chair statement released by Scott Bessent. The statement commits to establishing a "clear path" for responsible innovation, calls for improvements in cross-border payments—including extending operating hours of payment systems, promoting wider adoption of the ISO 20022 messaging standard, and simplifying data transfer processes—and notes that G20 members await the Financial Stability Board's study on the cross-border impact of global stablecoins.
The G20 chair statement, released by Scott Bessent on September 1, 2026, puts digital assets in the spotlight for the first time. It says digital assets can support economic growth and commits to creating a "clear path" for responsible innovation. And it doesn’t stop there.
The statement also takes up cross-border payments, calling for longer operating hours for bank and central bank payment systems, wider adoption of the ISO 20022 standard, and simpler procedures for cross-border financial data transfers. One more thing. G20 members are also waiting for the Financial Stability Board's study on the cross-border implications of global stablecoins.
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