Central Bank Digital Currencies (CBDCs) and Digital Payments Innovation

Nowadays, the development of Central Bank Digital Currency (CBDC) is happening rapidly around the world in order to bring modernity to the way we make payments; protect the ability of a country's central bank to control its own currency; improve the inclusion of everyone in respond to disruption; and facilitate the emergence of innovation in a regulated environment for digital payments. As digital transformation reshapes finance, central banks are increasingly engaging with CBDC as a new form of public money. This book offers a clear and accessible overview of the CBDC landscape, presenting its historical evolution, emerging ecosystem, and regulatory foundations. With a forward-looking perspective, the book explores how CBDCs may influence payment systems, monetary policy implementation, and the future role of central banks. Designed as a practical guide, it supports readers seeking to understand CBDCs and their potential impact on modern digital economies.