Advertisement     Top Reserve Bank of India (RBI) officials have told a parliamentary committee that the adoption of cryptocurrencies can lead to the dollarization of ...
Tag: dollarization
India’s Central Bank RBI Warns Crypto Could Lead to Dollarization of Economy – Coinotizia
India’s central bank, the Reserve Bank of India (RBI), has expressed concerns that cryptocurrencies could lead to the dollarization of a part of the Indian economy. “It will seriously undermine the RB...
India’s Central Bank RBI Warns Crypto Could Lead to Dollarization of Economy – Economics Bitcoin News
India’s central bank, the Reserve Bank of India (RBI), has expressed concerns that cryptocurrencies could lead to the dollarization of a part of the Indian economy. “It will seriously undermine the RB...
RBI warns of crypto ‘dollarization’ of Indian economy
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...
Crypto Could Lead to ‘Dollarization’ of Economy, Says Indian Central Bank
Cryptocurrencies, in particular stablecoins, could lead to an undesired “dollarization” of the economy, India’s central bank warned a parliamentary panel. Top officials from the Reserve Bank of India ...
RBI worry crypto could trigger dollarization of the economy
The RBI has been highly apprehensive about cryptocurrencies, telling the Parliamentary Committee on Finance that they could lead to the dollarisation of the economy and are inconsistent with India’s n...