RBI officers problem warning on financial system ‘dollarisation’ menace by cryptocurrencies
Officers from the Reserve Financial institution of India (RBI) have warned that with most cryptocurrencies denominated by the greenback, it might result in the dollarisation of the nation’s financial system. The officers burdened that dollarisation is towards the nation’s sovereign curiosity whereas sustaining that digital property pose a menace to India’s monetary stability, Free Press … Read more
