New Delhi: Prime Minister Narendra Modi has said that all democracies should work together to ensure that cryptocurrency does not fall into the wrong hands. This will corrupt the youth. We are in a time of change. He said technology and data were the new weapons here.
He was speaking at the Sydney Dialogue on 'India's Technology: Evolution and Revolution'. This is the first time Modi has made a public statement on the issue of cryptocurrency. A few days ago, Modi himself shared with experts his concerns about how cryptocurrency could adversely affect the Indian market and whether it could help in money laundering and terrorism.