India’s central bank wants its digital currency to be available without internet access and has expanded the use of its digital currency on a pilot basis, with at least 1.3m customers and 300k merchants using it.
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India proposes CBDC that can function offline
"The key objective of the pilots has been a change in consumer behavior vis-a-vis bank deposits — we need many more transactions to understand its wider economic effects, especially on monetary policy and the banking system."
