India’s Central Bank Working To Boost Retail CBDC

India’s Central Bank Working To Boost Retail CBDC Volume Through Offline Capability

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The Reserve Bank of India (RBI) is working to expand the use of its Central Bank Digital Currency (CBDC) by actively developing an offline transfer capability.

At the BIS Innovation Summit 2024, RBI Governor Shaktikanta Das highlighted an increase in retail transactions using India’s digital rupee.

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