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CBDCGlobal · India

India starts tokenizing $620 billion corporate bond market with digital rupee settlement

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India starts tokenizing $620 billion corporate bond market with digital rupee settlement

SEBI’s Demat 2.0 pilot turns corporate bonds into digital tokens and settles payment through the RBI’s wholesale digital rupee, with secondary trading and retail access expected in later phases.

Key Takeaways

  1. SEBI’s Demat 2.0 pilot turns corporate bonds into digital tokens and settles payment through the RBI’s wholesale digital rupee, with secondary trading and retail access expected in later phases.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.