====== Central Bank Digital Currency (CBDC) ======
[[cbdc:public:cbdc_omg:8_append:20_glossary:start| Return to Glossary ]]

**Central Bank Digital Currency (CBDC)** is defined as
a digital liability of a central bank that is widely available to the general public. In this respect, it is
analogous to a digital form of paper money.

Source: [[https://www.federalreserve.gov/publications/files/money-and-payments-20220120.pdf ]]

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