The Reserve Bank of India Expands Digital Rupee Pilot, Introduces Programmable and Offline Payment Features
According to Cointelegraph, the Reserve Bank of India (RBI) announced in its 2024-25 annual report that it will expand the digital rupee (CBDC) pilot to introduce new features such as programmability and offline payments for both retail (e₹-Retail) and wholesale (e₹-Wholesale) versions. These features aim to enhance the applicability of the digital rupee in areas with limited network connectivity and to customize payment solutions for specific scenarios such as government subsidies or corporate spending control.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: The top ZEC contract position on Hyperliquid has an unrealized loss of $10.8 million.
MMT drops to around $0.6, down 52.55% in 24 hours
A certain whale opened a 5x leveraged long position on ZEC, with an unrealized profit of $2.4 million.
Trending news
MoreCrypto prices
More
