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Indian Central Bank Says Cryptos Could Lead to ‘Dollarization’ of Economy: Report

RBI officials said cryptocurrencies could undermine the central bank's capacity to regulate the flow of money.

Updated May 11, 2023, 3:36 p.m. Published May 16, 2022, 6:27 a.m.
Parliament House in New Delhi (Unsplash/Naveen0301)
Parliament House in New Delhi (Unsplash/Naveen0301)