News > PM Modi chairs key meet on concerns over cryptocurrency

PM Modi chairs key meet on concerns over cryptocurrency

Dais Editorials | 14/11/2021 09:12 AM | Click to read full article

Prime Minister Narendra Modi Saturday chaired a meeting on cryptocurrency, amid concerns over misleading claims of huge returns on cryptocurrency investment, dealt in unregulated crypto markets.

Concerns were raised over "non-transparent" and "over-promising" advertising in attempts to mislead the youth into investing in cryptocurrency and they should be stopped, signalling that strong regulatory steps could be soon announced.