By its name, a central bank digital currency (CBDC) is the virtual format of a fiat currency for a particular nation or region. But why is it such a popular term right now? With pilots going well in China and encouraging words from the Treasury in the UK, CBDCs are moving forward at a spectacular pace. This podcast seeks to examine the reasons behind such a demand, and ask what technology and regulatory factors need to be in place to support an efficient roll out.