For example, if the UK were to release a CBDC, it would be called the digital pound. While cash is a physical commodity, a CBDC is a digital currency that can be both account- and token-based.

Explore the impact of Central Bank Digital Currencies (CBDCs), their role in modern economies, and why countries are rapidly ...

After years of research, the Bank of Canada says it is "scaling down" its work on a retail central bank digital currency.

Australia's central bank has decided to prioritise work on a wholesale central bank digital currency (CBDC) as its economic benefits are judged to outweigh those of a retail version, a top ...