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

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.

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 ...