
RBI warns of crypto ‘dollarization’ of Indian economy
Crypto “will seriously undermine the RBI’s capacity to determine monetary policy and regulate the monetary system of the country,” according to Reserve Bank of India officials.
Read moreCrypto “will seriously undermine the RBI’s capacity to determine monetary policy and regulate the monetary system of the country,” according to Reserve Bank of India officials.
Read moreAmerica’s largest exchange suspended some payment services on its newly launched Indian exchange due to pressure from the local payment regulators.
Read moreRabi Sankar has taken a strong stance against cryptocurrency citing a “destabilizing effect” it may have on the country’s fiat currency.
Read moreThe Reserve Bank of India has described central bank digital currencies as a mixed bag in its report on currency and finance for 2020–2021.
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