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Digital currencies also open up on the government to investigate government exercises policy, said Michael digital currency and advocate for the Federal Reserve to continue Center for Monetary and Financial History at Rutgers University in New Jersey.
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JP Morgan Announces JPM Coin, First US Bank-Backed Cryptocurrency - Cryptocurrency NewsCBDCs are digital forms of central bank money that are widely available to the general public. It helps include the bankless population in the financial system. The main difference between a CBDC and cryptocurrency is that CBDC is issued and backed up by a central bank, giving consumers protection. A central bank controls a CBDC, whereas cryptocurrencies are almost always decentralized, meaning they can't be regulated by a single authority.
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