PM Modi

Addresses Cryptocurrencies

November 18, 2022

Prime Minister

Narendra Modi

claims that there are certain countries which support terrorism as part of their foreign policy.

While addressing the conference, he stressed upon the

changing dynamics of terrorism.

He further elaborated that new kinds of technology are used for

terror financing and recruitment.

He detailed that challenges from the

dark net and private currencies

are emerging.

Also, he specified that there is a need for a uniform understanding of

new finance technologies.

Concluding his part, he said that the answer to all is not to demonize technology but to use technology to

track, trace and tackle


Recently, Binance CEO Changpeng Zhao said India’s onerous taxes on cryptocurrency transactions will probably

“kill the industry” there.