Indian Prime Minister Narendra Modi has called for global cooperation and a common approach towards addressing emerging challenges posed by cryptocurrencies.
Speaking on Monday during the ‘State of the World’ session at the World Economic Forum’s virtual Davos Agenda, Modi noted that the challenges would likely persist if countries take a single approach towards managing cryptocurrencies.
“Today, with the change in the global order, the challenges we have been facing as a global family are also increasing. With the type of technology related to cryptocurrency, actions taken by any one country will not be sufficient to deal with the challenges posed by it. All the countries will need to have the same approach to it,” he said.