India explores offline functionality of CBDCs

India’s recently launched in-house CBDC is now being tested for offline functionality, revealed RBI executive director. Last year, UPI enabled 7,404.45 crore transactions, totaling Rs. 125.95 lakh crore. The digital rupee (e), India’s recently launched in-house central bank digital currency (CBDC), is now being tested for offline functionality, revealed Ajay Kumar Choudhary, executive director of […]