Ray Dalio Weighs In on Cryptocurrency Regulation and its Impact on the Dollar’s Reserve Status

Bridgewater Associates founder Ray Dalio has shared his thoughts on cryptocurrency regulation and its potential impact on the U.S. dollar’s role as a reserve currency. According to Blockbeats, Dalio believes that easing regulations on cryptocurrencies does not pose a direct threat to the dollar’s dominance. However, he emphasizes that government debt burdens, particularly in countries issuing reserve currencies like the U.S. dollar, affect their appeal as safe-haven assets and for wealth storage. This situation has contributed to the rise in gold and cryptocurrency prices. )