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by: xpoolPosted on: April 21, 2025

India’s Reserves at Risk: Crypto Expert Urges $10B Investment

Aravind, a prominent economist, is urging the Reserve Bank of India (RBI) to allocate $10 billion of its foreign exchange reserves to a cryptocurrency reserve centered around Bitcoin and XRP. His proposal highlights the growing trend of institutions and banks exploring crypto-based investments, prompting India to consider a similar approach to stay competitive in this new financial landscape.

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Cryptocurrency Investment Reserve Bank of India

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