Verkkothe biden administration is moving one step closer to developing a central bank digital currency, otherwise known as the digital dollar. It’s a step that. Verkkoa cbdc, known as a “digital dollar,” is a proposed form of electronic currency that could be used to buy or sell almost any goods and services in the us. Verkkothe federal reserve is considering whether to adopt a digital version of the dollar, one better suited to a world where we are already using venmo and.