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24.11 - 20:15
Ensure cryptocurrency does not end up in wrong hands: PM Modi
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business-standard.comPrime Minister Narendra Modi on Thursday called on democratic nations to ensure that cryptocurrency does not end up in the "wrong hands", and cautioned that new-age technologies have the potential to be used as instruments of conflict and domination.
In a virtual address at the Sydney Dialogue, he said India has created a robust framework of data protection, uses data as a source of empowerment of people and has unmatched experience in doing this in a democratic framework with strong guarantees of individual rights.
Modi said the democracies must invest together in the research and development of future technology, create trusted manufacturing base and supply chains and work for preventing "manipulation" of public opinions.
He said
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