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Coinnounce 2022-05-17 11:04:41

RBI warns of possible dollarization of Indian economy through crypto

RBI officials have raised the alarm once more over the adoption of cryptocurrencies, claiming that this will lead to the “dollarization” of India’s economy. Economic Times reported on Monday that the Reserve Bank of India (RBI) is concerned about the impact of U.S. dollar-dominated cryptocurrencies on the Indian rupee. As per the report, the Parliamentary Standing […]

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