PM Modi calls for global norms for emerging technologies like cryptocurrencies

Prime Minister Narendra Modi on Friday said emerging technologies like cryptocurrencies should be used to empower democracy and not weaken it.

In his address at a virtual “Summit for Democracy” organized by US President Joe Biden, PM Modi said, “We must also jointly shape global norms for emerging technologies like social media and cryptocurrencies so that they can be used to empower democracy.” To make, not to weaken. It.”

PM Modi further emphasized on the importance of democracy and said that the Indian story has a clear message to the world that democracy can, has and will continue to give.

During the virtual conference, the PM said, “The Indian story has a clear message to the world that democracy can, has and will continue to give.”

PM Modi in his address said, “Democracy is not just for the people or about the people, but also with the people and within the people.”

Biden launched a first-ever summit for democracy on Thursday (local time). Apart from PM Modi, about 80 world leaders attended the inaugural speech virtually.

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