New Delhi, May 7 -- According to Reserve Bank of India (RBI) Governor Shaktikanta Das, the offline accessibility feature for the digital rupee can make it an attractive option for retail users.
Speaking at a panel discussion on central bank digital currencies (CBDCs) at a Bank for International Settlements (BIS) summit, Das highlighted the benefits of CBDCs being similar to cash, offering anonymity and finality of settlement.
Addressing the anonymity aspect, Das stated that it could be achieved either through legislation or by permanently deleting transaction data.
He also emphasised the RBI's efforts to enable offline functionality, incorporate programmability for financial inclusion, and enhance technology scalability for broader ad...