India's Prime Minister Modi Calls for Global Collaboration on Crypto — Says 'We Have to Have a Similar Mindset' – Regulation Bitcoin News

India's Prime Minister Modi Calls for Global Collaboration on Crypto — Says 'We Have to Have a Similar Mindset'

India’s prime minister, Narendra Modi, has called on governments worldwide to collaborate on cryptocurrency. He pointed out that “The kind of technology that is associated with it, the decisions taken by a single country will be insufficient to deal with its challenges.”Indian Prime Minister Narendra Modi talked about cryptocurrency at the World Economic Forum’s virtual Davos Agenda conference Monday.

“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 cryptocurrency,” Prime Minister Modi said, elaborating:

The kind of technology that is associated with it, the decisions taken by a single country will be insufficient to deal with its challenges. We have to have a similar mindset. This is not the first time Prime Minister Modi has called on countries to collaborate on cryptocurrency. In December last year, he said at the summit hosted by U.S. President Joe Biden that cryptocurrency should be used to

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India's prime minister, Narendra Modi, has called on governments worldwide to collaborate on cryptocurrency. India will lead crypto regulation and adoption.

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