Us Digital Currency April 2025. Washington (ap) — the biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar, saying it would help. The united states on friday took a big step toward launching a central bank digital currency (cbdc).

It would be a virtual version of the physical cash you carry in. Central bank digital currencies (cbdcs) are coming, but a digital dollar is unlikely in the near term, bank of america (bac) said in a report on monday.