RBI warns of crypto ‘dollarization’ of Indian economy - Cointelegraph

RBI’s concerns are reportedly focused on U.S. dollar-dominated cryptocurrencies taking away market share from the Indian rupee.

Officials from the Reserve Bank of India (RBI) have reportedly sounded the alarm bells again over crypto adoption, which they claim will ultimately lead to the dollarization of the local economy. Ac… [+2390 chars]

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