Skip to main content

Compliant Digital Dollar

Definition

A compliant digital dollar is a central bank digital currency (CBDC) issued by the United States that adheres to existing financial regulations. This digital currency would maintain a 1:1 peg with the physical US dollar. Its design would incorporate features to satisfy anti-money laundering (AML) and know-your-customer (KYC) requirements. Such a digital asset aims to offer the stability of fiat currency with the efficiencies of digital technology.