• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Amit Shah Warns About Global Threats from Crypto and the Dark Web

user avatar

by Giorgi Kostiuk

2 years ago


During a conference on national security and drug trafficking, India's Home Minister Amit Shah highlighted the significant threats posed by crypto, drones, and the dark web.

Threat of Crypto, Drones, and Dark Web

Amit Shah emphasized that global threats from crypto, the dark web, and drones require strict measures. He noted that while the government has been actively combating these issues, challenges remain. Additionally, increased measures have led to dismantling many drug rings, reducing terrorist activities.

Shah Discusses Solutions to Threats

Shah highlighted that solving these issues involves every country's participation. Solutions can be crafted by technocrats, with joint efforts from state and central governments towards enhanced security. He also mentioned Modi's leadership in fighting drug addiction. The last decade saw a seven-fold increase in drug seizures, showing the government's commitment to dismantling syndicates.

No country can move forward on the path of development with a young generation suffering from drug addiction. It is our responsibility that we all fight this challenge together and make all efforts to win this battle.

Role of Cryptocurrencies in Illegal Activities

The conference organized by the Narcotics Control Bureau aimed to address the growing concerns of drug trafficking and national security. Usually, these drug-trafficking rings are linked to terrorism, with criminals using drug revenues to fund their operations. Cryptocurrencies provide a means of conducting untraceable transactions, even though most tokens leave a digital footprint. Recently, a Bharatpol portal was launched to assist in capturing fugitives.

Amit Shah stressed the need for international cooperation and strict measures to effectively combat threats from cryptocurrencies, drones, and the dark web.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Injective Seeks SEC Approval to Become a Transfer Agent

chest

Injective has filed Form TA1 with the SEC to register as a transfer agent, aiming to support regulated real-world asset infrastructure on-chain.

user avatarElias Mukuru

The Critical Role of Transfer Agents in Financial Markets

chest

Transfer agents are crucial for maintaining securities ownership records and facilitating transfers, especially as markets transition to on-chain solutions.

user avatarDiego Alvarez

dYdX Chains v51 Upgrade Enhances Market Flexibility with Smart Contracts

chest

The v51 upgrade of dYdX Chains allows users to launch perpetual markets without governance intervention, enhancing market flexibility.

user avatarKenji Takahashi

Sui's Confidential Transactions Aim for Selective Confidentiality

chest

Sui is exploring a selective confidentiality model for its confidential transactions, allowing sender and recipient addresses to remain visible while hiding amounts and balances, addressing privacy concerns for businesses.

user avatarMaria Fernandez

Uniswap Governance Proposes Fee Routing for UNI Token Burns

chest

Uniswap governance is reviewing a proposal to route protocol fees from selected Optimism pools toward UNI token burns, aiming to strengthen the connection between trading activity and token economics.

user avatarGustavo Mendoza

Account Abstraction Set to Transform Crypto User Experience

chest

The introduction of account abstraction aims to address user experience issues in the crypto space, such as intimidating seed phrases and confusing gas fees, with a broader rollout planned for September 2026.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.