RBI’s CBDC Yet Another Step in Taking Indian Payments Ahead, JPMorgan Blockchain Head Says

RBI’s CBDC Yet Another Step in Taking Indian Payments Ahead, JPMorgan Blockchain Head Says

The Reserve Bank of India (RBI) is overseeing the creation and distribution of the eRupee CBDC for retail and wholesale payment purposes. The central bank’s approach towards exploring the inclusion of the eRupee into the existing financial system has been praised by Naveen Mallela, global co-head of Onyx, JPMorgan’s blockchain…