The RBI statement says that the financial regulator intends to expand the scope of the pilot project of digital rupees for both the country and the wholesale markets of the country. In particular, the new options for using and the functionality of digital rupees will assume the possibility of setting up CBDC for specific tasks, for example, for targeted state payments or cross -border calculations in international trade.
In addition, RBI studies the possibilities of using digital rupees to perform offline transactions in regions without access to the Internet, as well as to integrate CBDC with corporate and Defi platforms.
In RBI they added that now 17 banks and about 600,000 users are involved in the pilot project. As part of the future expansion of functionality, RBI plans to attract non -banking organizations to the pilot project. They will be offered CBDC wallets to test the applicability of digital rupees in specific use scenarios, such as state subsidies or corporate expenses.
Earlier, the Supreme Court of India called the trade in bitcoins an improved version of the underground system of money transfers “Havla”.
Source: Bits
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