India’s Modi Calls On Democracies to Cooperate on Crypto

India’s Modi Calls On Democracies to Cooperate on Crypto
Democratic countries should work together to ensure crypto “doesn’t end up in the wrong hands” and “spoil our youths,” Indian Prime Minister Narendra Modi said in a speech on Thursday.Modi delivered a virtual keynote address at the Sydney Dialogue, an annual summit on emerging technology, on Nov. 18. Representatives from major governments like Japan and Australia are also set to speak at the event.Indian youth have been at the center of a debate around crypto advertisements in the country over the past few months. The government is reportedly planning to ban crypto exchanges from actively soliciting customers.In his speech, the…