CBDC

A Central Bank Digital Currency (CBDC) is a digital form of a country's fiat currency, issued and regulated by its central bank. It is designed to be a direct liability of the central bank, similar to physical banknotes, but in a digital format.

Why it’s in the news: CBDCs are in the news due to China's expansion of its digital yuan and the imminent ban on a U.S. CBDC project.

Latest on CBDC

• China triples its e-CNY network in 2026 as 8 more banks join the CBDC push this week
• Bank of Korea prepares for live CBDC transactions with 9 banks in September
• Global Payments May Feel US CBDC Ban First
• US CBDC Ban Set to Become Law at Midnight
• U.S. government digital dollar set to be banned tonight under housing law's CBDC limit
• Lawmakers Fast-Track Bipartisan Housing Bill With CBDC Ban

Connections

7 entities linked to CBDC across the news graph.