Narendra Modi called on governments to collaborate on cryptocurrency

Prime Minister Narendra Modi on Monday speaking at the World Economic Forum’s Davos Agenda 2022 virtual event, called for aggregate and synchronized worldwide activity concerning policymaking for blockchain-supported cryptocurrency.

This issue has reappeared at a time, when the Budget Session of Parliament is set to start from January 31 and the assumption is that the public authority will attempt again to pass a regulation on crypto.

Lecturing at the World Economic Forum’s Davos Agenda 2022 virtual occasion, the Prime Minister noticed that

“The challenges we have been facing are also increasing. To counter these, there is a need for collective and synchronized action by every country, every global agency. These supply chain disruptions, inflation, and climate change are examples of these. Another example is a cryptocurrency,”

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