What is a CBDC? Per The Fed, “A Central Bank Digital Currency (CBDC) is a digital form of central bank money that is widely available to the general public.” Central bank money essentially refers to government debt, a liability to a country’s central bank. Why are we talking about CBDCs? Central Banks across the globe are studying, piloting, and distributing these digital currencies for the citizens to use as an upgrade to the current financial system. The current system is a mix of physical ...

What is a CBDC? Per The Fed, “A Central Bank Digital Currency (CBDC) is a digital form of central bank money that is widely available to the general public.” Central bank money essentially refers to government debt, a liability to a country’s central bank. Why are we talking about CBDCs? Central Banks across the globe are studying, piloting, and distributing these digital currencies for the citizens to use as an upgrade to the current financial system. The current system is a mix of physical ...