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RBI Launches Offline Digital Rupee for Internet-Free Transactions

RBI Launches Offline Digital Rupee for Internet-Free Transactions

Author:

Global Cryptocurrency

Published:

2025-10-15 10:16:03

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BTCCSquare news:

The Reserve Bank of India has unveiled an offline-capable version of its digital rupee (e₹) at the Global Fintech Fest 2025, marking a significant leap in CBDC adoption. This innovation allows transactions without internet connectivity, combining the convenience of cash with digital programmability.

Fifteen major Indian banks including SBI, HDFC, and ICICI will support the digital wallets required for offline transactions. The solution targets financial inclusion in remote areas while enabling programmable money features for targeted disbursements like subsidies.

The move positions India as a leader in CBDC implementation, potentially creating Ripple effects across global central bank digital currency developments. Market observers note this could accelerate institutional crypto adoption patterns in emerging economies.

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