India's Reserve Bank, under Governor Shaktikanta Das, is set to launch a digital currency with offline capabilities, aiming to make it accessible without internet dependency. The Central Bank Digital Currency (CBDC) or eRupee will be made transferable in offline mode, expanding access to a wider range of customers. The move is seen as groundbreaking, with approximately 1.3 million customers and 300,000 merchants already part of the pilot project.
Australian bank @Macquarie goes entirely digital, halting all cash and check deposits and withdrawels citing: "Macquarie Bank, one of the largest banks in Australia, will not allow its customers to deposit or withdraw cash or cheques from its office branches starting this month.… https://t.co/VxW10MYOjs
Digital Rupee To Go Offline, RBI Move Seeks Wider Adoption India’s CBDC is set to be available offline in a bid to make it more accessible and improve user experiences. Approx 1.3mn customers and 300k customers have taken up the pilot project, but the latest move aims to make… https://t.co/BE5mDsxw17
BREAKING: 🇦🇺Australia's Macquarie bank will stop cash withdrawals this month and go completely cashless. Probably nothing...🧐 https://t.co/Y9coZCsaSp
India's central bank, the Reserve Bank of India (#RBI), is in the process of enabling offline transfers for its #CBDC. #digitalrupee https://t.co/188BqR1kjS
⏲️The Time for Digital Banking is Now! #DigitalIndia @upichalega @NPCI_NPCI https://t.co/Icq5GU5RPa
India Working on Offline Transferability of #DigitalRupee, Says Central Bank Governor https://t.co/188BqR1kjS
News Alert | RBI has recommended expanding access to CBDC (Central Bank Digital Currency) or the eRupee to a wider range of customers "We are working for CBDC to work in offline mode as well" RBI Governor Shaktikanta Das Here are the details 👇 @DasShaktikanta @RBI Here are… https://t.co/gmO2vW1V0u
INDIA'S CENTRAL BANK SET TO LAUNCH DIGITAL CURRENCY WITH OFFLINE CAPABILITIES - India's Reserve Bank is on the verge of a groundbreaking move, preparing to unveil its own digital currency, which boasts a unique feature: offline functionality. - Governor Shaktikanta Das revealed… https://t.co/7SWp9tVnuC https://t.co/Q0wnTrDCc7
🚨 JUST IN: INDIA’S CENTRAL BANK SET TO LAUNCH DIGITAL CURRENCY WHICH WILL ALSO OPERATE OFFLINE
The Reserve Bank of India is working to make its digital currency available without being dependent on internet access, according to Governor Shaktikanta Das https://t.co/yeLuBnd7eJ
News Alert | "Working on making e-rupee transferable in offline mode," says RBI Governor Shaktikanta Das Here are the comments on digitisation of payments and UPI👇 @RBI #UPI #ERupee @DasShaktikanta https://t.co/Sx5XO3vNxw