At the G20 Summit in Osaka, Japan, Indian Prime Minister Narendra Modi called for global collaboration on cryptocurrency regulation. Modi noted that the world is facing a “new normal” in terms of digital currencies and that it is important to ensure that the technology is used for good. He also noted the need to ensure that cryptocurrencies are not used for illegal activities.

Modi’s call for collaboration comes at a time when cryptocurrency regulation is becoming increasingly important. Cryptocurrencies, such as Bitcoin, have become increasingly popular in recent years, and governments around the world are beginning to take notice. Many countries have already implemented regulations on cryptocurrencies, but there is still a need for global coordination.

The Indian Prime Minister noted that it is important to ensure that the technology is used for good. He also suggested that countries should work together to create a framework for regulating digital currencies. He proposed that countries should work together to ensure that cryptocurrencies are not used for illegal activities, such as money laundering and terrorism financing.

Modi’s call for collaboration was welcomed by many at the G20 Summit. The leaders of several countries, including France and Germany, agreed that there is a need for global cooperation on cryptocurrency regulation. They also agreed that it is important to ensure that the technology is used for good and not used for illegal activities.

Overall, Indian Prime Minister Narendra Modi’s call for global collaboration on cryptocurrency regulation was well-received at the G20 Summit. It is clear that there is a need for global coordination on this issue, and Modi’s call for collaboration is a step in the right direction. It remains to be seen how the world will respond to his call, but it is clear that cryptocurrency regulation is an important issue that needs to be addressed.