CBDC - CoinBestNews

Tag: CBDC

Central bank digital currency (CBDC) (also called digital fiat currency or digital base money) is a digital currency issued by a central bank.

A report from the Bank for International Settlements states that although the term “central bank digital currency” is not very clearly defined, “most people think that this new form of central bank currency is different from the balances in a traditional reserve fund or settlement accounts.”