RBI Outlines its eRupee CBDC Plans in New Report

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 by the RBI, India’s eRupee CBDC is currently under its advanced trial phase. The country’s apex bank, at this point, is looking…