Bank of India expands digital rupee pilot to introduce programmable and offline payment capabilities

Crypto 7x24

2025-05-29 20:21:08

1.69W

According to Cointelegraph, the Reserve Bank of India (RBI) announced in its 2024-25 annual report that it will expand the scope of the Digital Rupee (CBDC) pilot to introduce new features such as programmability and offline payments for retail (e-Retail) and wholesale (e-Wholesale) versions. These features are designed to improve the applicability of digital rupee in areas with limited network connectivity and customize payment solutions for specific scenarios such as government subsidies or corporate spending controls.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlash

In May, DEX transaction volume across the network reached US$474.135 billion, second only to January this year in history."
14:23
A new address withdrew 534.75 bitcoins 1 hour ago "
14:22
ZachXBT: SIM card exchange attack fraud requires stricter penalties, and juvenile offenders are punished too lightly "
14:22
Color Star, a U.S. listed company, transformed and expanded its crypto mining business, mining produced approximately 29 BTC in April."
14:21
Believe: The new release of tokens will increase the rate of creator fees to 70%."
14:21
golden afternoon newspaper| A list of important developments at noon on June 1 "
14:20
The Haidian District Procuratorate of Beijing City disclosed a case: employees conspire to defraud the company of more than 140 million yuan, and overseas virtual currency launder money and then split the stolen goods."
14:19
Lookonchain: Smart Money with a winning probability of 88.41% is long WCT and SOPH"
14:14
golden afternoon newspaper| A list of important developments at noon on June 1
12:23
Analysis: One-year U.S. credit default swaps are close to their highest level since 2023, and the U.S. government's default risk has increased."
12:22
The Haidian District Procuratorate of Beijing City disclosed a case: employees attempted to defraud the company of more than 140 million yuan, and overseas virtual currency launder money and then divided the stolen goods
12:22
BlackRock's IBIT Bitcoin Spot ETF ended its 34-day net inflow record, with a single-day outflow of US$430 million."
12:21
Quantitative strategy sharing platform Neutral Trade completes US$2 million in financing "
12:21
The Office of the United States Trade Representative extends partial exemption from China's Section 301 tariffs."
12:20
Upbit supports non-profit organizations selling virtual assets "
12:19
El Salvador has increased its holdings of 8 BTC in the past 7 days, with a total position of 6,194.18."
12:19
EIP-7917 will be implemented in Fusaka hard fork on June 9 "
12:19
Silk Road founder Ross Ulbricht received 300 BTC in his donated wallet "
12:18
A whale proposed UNI worth approximately US$2.46 million from Binance "
12:17
Lookonchain: Smart Money with 88.41% winning rate is long WCT and SOPH
12:17
James Wynn: Multiple exchange accounts have been closed for no reason, or have been required to be unblocked through legal channels."
12:17
Important events and data forecasts for next week: Federal Reserve officials speak intensively, U.S. non-agricultural data for May released "
12:16
Global cryptocurrency security incidents caused losses of US $244.1 million in May, down 39.29% month-on-month."
12:16
MegaETH claims its X account has been compromised "
10:18