Indian Prime Minister Narendra Modi has issued a rallying call to all stakeholders worldwide to jointly tackle the potential risks and challenges that are linked to Bitcoin and cryptocurrencies in general.
Modi spoke virtually about the topic during the Davos conference of the 2022 World Economic Forum.
The prime minister shared his belief that cryptocurrency is one of those challenges that the world has to face as a unit. In his words, as “a global family”. He then went on to say:
“To fight this, every nation, every global agency needs to have collective and synchronized action.”
Modi went further with claims that the kind of technology that crypto operates under, has made it so, that a single nation can not come up with decisions that will be adequate. He then recommended the need for nations to “have a common thinking” when it comes to tackling the challenges posed by cryptocurrency.
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