In a speech by Narendra Modi, Indian Prime Minister, Cryptocurrency was mentioned at an international summit online for global leaders.

At Friday’s events for the Summit for Democracy hosted by U.S. President Joe Biden, Modi India would be willing to offer other countries “innovative digital solutions” to facilitate free and fair elections and governance. A global standard for cryptocurrency and social media platforms was also requested by the Prime Minister. It is likely that this refers to India’s influence on other countries’ politics.