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The 2016 demonetisation was a "well-considered" decision and part of a larger strategy to combat the menace of fake money, terror financing, black money and tax evasion, the Union government has told the Supreme Court.
To display solidarity with peace-loving nations and to help create a bridge for sustained cooperation on countering terrorist financing, India was host to two global events in October - the annual General Assembly of the Interpol in Delhi and a special session of the UN Counter Terrorism Committee in Mumbai and Delhi.
A United Nations official said more cases of crypto use in terror-financing are being detected amid stepped up scrutiny of such practices.
At the end of the two-day meeting, UNSC's counter-terrorism committee adopted the 'Delhi Declaration' listing the council's priorities in combating the challenge of terrorism and terror financing.
It took the country years of strenuous work to check terror financing but the rise of militancy in the past one year is a warning sign.