CBDC

American  

abbreviation

1. central bank digital currency: a digital currency that is issued, regulated, and stored directly by a central bank, such as the United States Federal Reserve, and is generally accessible to the people served by that central bank.

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Usage

What's the difference between virtual currency, digital currency, and CBDCs? See digital currency ( def. ).

Etymology

Origin of CBDC

First recorded in 2015–20

Example Sentences

China has made the most progress with its CBDC.

From NewsForKids.net

China has made the most progress with its CBDC.

From NewsForKids.net

A Central Bank Digital Currency, or CBDC, is a digital currency run by the central bank of a country.

From NewsForKids.net

The Atlantic Council says 130 countries are in some process of exploring a CBDC, with 21 in the pilot stage.

From Reuters

"Clearly the younger you are the more receptive you are to a CBDC, like with crypto assets more generally," Fines said.

From Reuters