A central bank digital currency would be a liability of the Federal Reserve, not a commercial bank, the Federal Reserve said. Although central bank digital currency is being studied, there have been ...

A Central Bank Digital Currency is a version of an existing fiat currency in digital form. More than 90 countries, including the U.S., are either looking into creating a CBDC or have already ...

David is a financial writer based out of Delaware. He specializes in making investing, insurance and retirement planning understandable. Before writing full-time, David worked as a financial advisor ...

The IMF is frequently approached by central banks seeking guidance on the balance between central bank digital currency (CBDC), fast payment systems (FPS), and electronic money (e-money) solutions.

A central bank digital currency is similar to cryptocurrency. Both currencies are digital, but a CBDC is issued by a country's central bank as a form of fiat currency (it has no intrinsic value and ...