RBI Sees CBDC as Means to Internationalise Indian Rupee, Improve Cross Border Transactions

RBI Sees CBDC as Means to Internationalise Indian Rupee, Improve Cross Border Transactions

The Reserve Bank of India (RBI) released its latest report detailing the development and roadmap ahead for the digital finance industry. Among several innovations that the RBI praised in this report, the mention of the eRupee central bank digital currency (CBDC) did not go unnoticed. Built like crypto but regulated…