Indian Central Bank Says Cryptos Could Lead to “Dollarization” of Economy: Report

HomeCrypto News

Indian Central Bank Says Cryptos Could Lead to “Dollarization” of Economy: Report

Cryptocurrencies can lead to “dollarization” of a part of the economy and this could be against the country’s sovereign interest, the top officials of India’s central bank told a parliamentary committee on finance, according to a Press Trust of India report. www.coindesk.com

Cryptocurrencies can lead to “dollarization” of a part of the economy and this could be against the country’s sovereign interest, the top officials of India’s central bank told a parliamentary committee on finance, according to a Press Trust of India report.

www.coindesk.com