central bank digital currency
A central bank digital currency (CBDC) is a form of digital money issued and regulated by a country’s central bank. It represents a digital version of the nation’s official currency and is a liability of the central bank, rather than of a commercial bank. CBDCs are designed to provide the safety and stability of central bank money in a digital format, potentially improving payment efficiency, financial inclusion, and monetary policy implementation.
-
ECB Chief Announces Final Phase of Digital Euro Preparation
ECB Chief Announces Final Phase of Digital Euro Preparation European Central Bank (ECB) President Christine Lagarde has announced the final phase of preparation for the launch of the digital euro — calling it a “symbol of faith in a shared future” and emphasizing the ECB’s commitment to...- Coinbotlab
- News story
- cbdc central bank digital currency christine lagarde digital euro ecb european union eurozone
- Category: Finance — Crypto, Investments & Digital Economy