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Why central banks want to launch digital currencies - CNBC ReportsMany of the world's monetary authorities are seeking more guidance on how best to pursue digital forms of central bank money. A central bank controls a CBDC, whereas cryptocurrencies are almost always decentralized, meaning they can't be regulated by a single authority. A crypto bank is a financial organization offering the same financial services as traditional banks (e.g., loans) but using cryptocurrency rather than.
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