CBDC: Indian Central Bank Begins Digital Rupee Pilot
The Reserve Bank of India (RBI), the country’s central bank, has started a pilot program of its digital currency today, in cooperation with nine banks. It also released a Concept Note on Central Bank Digital Currencies (...
Bloomberg reported that “several lots of bonds were traded,” citing data from Clearing Corporation of India Ltd. (CCIL), which showed “7.38% 2027 debt and 7.26% 2032 bonds were among the first to change hands using the new form of currency.”...
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