Indian Prime Minister Calls for Global Cooperation on Cryptocurrency

Indian Prime Minister Calls for Global Cooperation on Cryptocurrency
Indian Prime Minister Narendra Modi called for global cooperation to tackle the challenges posed by cryptocurrencies.Speaking virtually at the 2022 World Economic Forum’s annual Davos conference, Modi said “Cryptocurrency is an example of the kind of challenges we are facing as a global family with a changing global order. To fight this, every nation, every global agency needs to have collective and synchronized action.”Likening cryptocurrency to supply-chain disruptions, inflation and climate change, Modi said “the kind of technology cryptocurrency is associated with makes decisions taken by one country inadequate to meet the challenges posed by cryptocurrency. We have to have…