While addressing the Sydney Dialogue on November 18, Prime Minister Narendra Modi urged democratic nations to work together to halt the misuse of technological innovations like cryptocurrency.
The price of BTC was $59,905.63, rising by 0.12 per cent in the last 24 hours as at 10 am, according to coinmarketcap.com.
According to coinmarketcap.com, HarmonyPad gained 1,113.92 per cent in the last 24 hours to become the top gainer with a coin price of $0.03909 by 10 am.
Virtual currency does not have the same legal status as legal currency,” China Global Television Network quoted the country’s National Development and Reform Commission as saying earlier.
This comes days after he held discussions on cryptocurrency, where he highlighted the danger of the youth getting misled by “non-transparent advertisements”.