What PM Modi said on cryptocurrency at Sydney Dialogue
3 years, 1 month ago

What PM Modi said on cryptocurrency at Sydney Dialogue

India TV News  

Highlights 'Can spoil our youth': PM Modi urges all democratic nations to work on cryptocurrency PM Modi said India is building the world's most extensive public information infrastructure The digital age has raised new questions on sovereignty, governance, ethics, rights and security: PM Prime Minister Narendra Modi on Thursday urged all democratic nations to work together to ensure that cryptocurrency does not end up in the wrong hands, cautioning that it can spoil the youth. The prime minister said India uses data as a source of empowerment of people and that the country has unmatched experience in doing this in a democratic framework with strong guarantees of individual rights. "It is important that all democratic nations work together on this and ensure it does not end up in wrong hands, which can spoil our youth," he said referring to cryptocurrency. Modi said India is building the world's most extensive public information infrastructure and that over 1.3 billion Indians have a unique digital identity.

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