Auto Added by WPeMatico

India’s Central Bank RBI Warns Crypto Could Lead to Dollarization of Economy

India’s central bank, the Reserve Bank of India (RBI), has expressed concerns that cryptocurrencies could lead to the dollarization of a part of the Indian economy. “It will seriously undermine…

Continue ReadingIndia’s Central Bank RBI Warns Crypto Could Lead to Dollarization of Economy

Indian Finance Minister Praises Blockchain but There’s a Catch 

Hailing blockchain as “absolutely imperative,” Indian Finance Minister Nirmala Sitharaman asserted that the anonymity factor of this emerging technology is an “inherent risk,” and it calls for taking precautions. She,…

Continue ReadingIndian Finance Minister Praises Blockchain but There’s a Catch