Crypto Might Lead To Dollarization of Indian Economy, Says RBI Officials

<a href="https://www.tronweekly.com/crypto-might-lead-to-dollarization-of-economy/" title="Crypto Might Lead To Dollarization of Indian Economy, Says RBI Officials" rel="nofollow"><img width="300" height="150" src="https://ethereumreader.com/wp-content/uploads/2022/05/crypto-might-lead-to-dollarization-of-indian-economy-says-rbi-officials.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="Crypto Might Lead To Dollarization of Indian Economy, Says RBI Officials" style="display: block; margin-bottom: 5px; clear:both;max-width: 100%;" link_thumbnail="1" loading="lazy" srcset="https://ethereumreader.com/wp-content/uploads/2022/05/crypto-might-lead-to-dollarization-of-indian-economy-says-rbi-officials.jpg 300w, https://ethereumreader.com/wp-content/uploads/2022/05/crypto-might-lead-to-dollarization-of-indian-economy-says-rbi-officials-1.jpg 1024w, https://ethereumreader.com/wp-content/uploads/2022/05/crypto-might-lead-to-dollarization-of-indian-economy-says-rbi-officials-2.jpg 768w, https://www.tronweekly.com/wp-content/uploads/2022/05/SC_crypto_image-1200x600-1.jpg 1200w" sizes="(max-width: 300px) 100vw, 300px" title="Crypto Might Lead To Dollarization of Indian Economy, Says RBI Officials 2"></a>The Reserve Bank of India (RBI) is said to be worried about cryptocurrency acceptance, stating that it will lead to the “dollarization” of the Indian economy. According to an unidentified source mentioned in a Monday piece in the Indian edition of the Economic Times, the RBI is concerned about cryptocurrencies dominated by the US dollar […]