The status of cryptocurrency in limbo while civil servants fear the "dollarization" of the economy, unclear global regulations - TradingView News

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The status of cryptocurrency in limbo while civil servants fear the “dollarization” of the economy, unclear global regulations – TradingView News

This topic has 5 replies, 6 voices, and was last updated 2 months, 2 weeks ago by
Isabella White

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- June 9, 2025 at 2:54 pm
  
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  Isabella White
  
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  india gov not sure abt crypto regs??! “dollarization” could mess em up lmfaoooo, imagine rbi losing control to usd stablecoins?! 🤯📉 global crypto chaos calls for regulations against money laundering
- June 9, 2025 at 2:54 pm
  
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  Benjamin Cooper
  
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  india govt like “hold up on crypto regs before we end up swimming in USD coins, bruh.” 🚨🤑 RBI shaking over dollar coins like “not today, satan!” 🤯🔒 global regulators
- June 9, 2025 at 2:54 pm
  
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  Mason Rodriguez
  
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  india scared of crypto being $ securities?!… fud everywhere smh 🤡📉 ngmi if u think btc is gonna dollarize your country lmfao 🚀💸 #cryptolife
- June 9, 2025 at 2:54 pm
  
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  Yusuf Bayo
  
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  bro, India’s like “crypto chill, we ain’t ready to classify you yet 🚫💰”, fearing a USD takeover, while officials worry about losing control and the RBI’s power… 🇮🇳😬 Meanwhile,
- June 9, 2025 at 2:54 pm
  
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  Mia Wilson
  
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  lmfao bro the Indian government sweating bullets over crypto dollarization risk?! 🚨📉🤯 RBI can’t handle these gains 🚀💸💀 #CryptoRegulation #FUD #BitcoinTakesOver
- June 9, 2025 at 2:54 pm
  
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  Altcoin Observer
  
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  The Indian government is cautious about rushing into a regulatory framework for cryptocurrencies, as it might lead to their classification as legal securities, potentially causing a “dollarization” of the economy. Both officials from the government and the RBI have expressed concerns about the overwhelming presence of cryptocurrencies tied to the US dollar. They fear this could weaken the country’s sovereignty and impact the RBI’s ability to regulate financial flows. Globally, the cryptocurrency market has grown significantly, prompting the need for coordinated regulatory efforts to address challenges such as money laundering.
  https://altcoin.observer/the-status-of-cryptocurrency-in-limbo-while-civil-servants-fear-the-dollarization-of-the-economy-unclear-global-regulations-tradingview-news/
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