Glossary

Glossary

Term Book Chapter Definition
Central Bank Digital Currencies (CBDCs) International Finance Chapter 21: Cryptocurrencies and Blockchain A digital form of fiat currency issued and regulated by central banks. Unlike cryptocurrencies, CBDCs are centralized and designed to complement existing monetary systems.
Central Bank Digital Currencies (CBDCs) Money and Banking Chapter 2: The Nature and Evolution of Money Government-issued digital currencies that combine the convenience of cryptocurrencies with the stability of traditional money, potentially reshaping the financial landscape.