from Breitbart:

Before we dive into the details, it’s important to understand what exactly constitutes a Central Bank Digital Currency or CBDC.

A Central Bank Digital Currency (CBDC) is a digital form of a country’s national currency issued by its central bank. Unlike traditional physical money such as banknotes and coins, CBDCs exist in electronic or digital form.

CBDCs are distinct from cryptocurrencies like Bitcoin, as they are typically issued and regulated by a central authority, such as the central bank or federal government. The central bank oversees the creation, distribution, and regulation of the CBDC.