Cryptocurrency exchange WazirX will look to integrate India’s central bank digital currency (CBDC) “if all goes well,” vice president Rajagopal Menon told Forkast in a video interview on Monday.
See related article: RBI to begin CBDC pilots, outlines wholesale, retail concepts
- “We would love to onboard the e-rupee and you can buy your favorite Bitcoin on an e-rupee-BTC pairing, or your favorite ETH through e-rupee pairing,” Menon said.
- The central bank on Friday said it will soon begin to pilot the digital rupee for specific use cases, and recognized the benefits of introducing a wholesale and a retail CBDC in a concept note.
- Indian exchanges have been facing banking access issues since the Reserve Bank of India warned local banks to “tread very carefully” in dealing with crypto exchanges, Menon said.
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