On Saturday, Indian Prime Minister Narendra Modi chaired a meeting on the status of cryptocurrency in India. The discussion was held between the Reserve Bank of India (RBI), the finance ministry, and the home ministry. During the crucial gathering, Modi said that the “youth must not be misled” and that cryptocurrency should not be used for money laundering. Government officials raised concerns about the use of crypto trading for laundering money and financing terrorism efforts. There were also conversations about how to stop advertisements that over-promise and mislead young investors. The government feels that advertisements by cryptocurrency exchanges that promise customers wild profits are irresponsible. Furthermore, the ads are not transparent about the volatile nature of such trading and must be prohibited. Officials are also calling for these ads to be immediately stopped across the country. Cryptocurrency is gaining momentum at the moment across India. Shiba Inu is now available …