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Tag: india

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India investigates CBDCs’ offline capabilities, according to the RBI executive director

RBI is evaluating CBDC’s potential for cross-border transactions and integration with legacy systems of other nations in addition to its offline functionality. Ajay Kumar Choudhary, executive director of the Reserve Bank of India (RBI), said that the digital rupee, India’s recently launched internal central bank digital currency (CBDC), is currently being tested for offline usability.…
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