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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.

Photo: CoinDesk

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.

Originally published by CoinDesk. Read the full story at the source →

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