Ensure it doesn't end up in wrong hands: At Sydney Dialogue, PM Modi urges nations to work on cryptocurrency

Prime Minister Narendra Modi urged all nations to work together to ensure that cryptocurrencies like Bitcoins "do not end up in the wrong hands".

Prime Minister Narendra Modi urged all democratic nations on Thursday to work together to ensure that technological innovations like cryptocurrencies shouldn’t be misused.

Addressing the Sydney Dialogue via video conference on Thursday, PM Modi gave the example of Bitcoins and said, "It is important that all democratic nations work together on this and ensure that it does not end up in the wrong hands, which can spoil our youths."