CBDCs

CBDCs are digital currencies issued by central banks. As global CBDC initiatives expand, understanding their role in financial systems and compliance becomes critical.

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What is

CBDCs

?

A central bank digital currency (CBDC) is a Central Bank-issued digital token.

A CBDC refers to a digital token issued by a state's Central Bank. More specifically, it's a digital representation of Central Bank money. Currently, several countries are already working on CBDC projects such as South Korea, China or Russia for instance.

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