1. Skip to content
  2. Skip to main menu
  3. Skip to more DW sites

What are central bank digital currencies?

Kate Ferguson
August 9, 2021

The rise of cryptocurrencies like Bitcoin initially spooked central banks. Concerned about what adoption could mean for their ability to implement economic policy, they are now racing to create their own digital money.

Skip next section DW's Top Story

DW's Top Story

Xi Jinping walks by a military band during a visit to Moscow

'Pandora’s box': EU weighs changing relations with China

Skip next section More stories from DW
Go to homepage