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Banks making their own cryptocurrency

Banks making their own cryptocurrency

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Because regulators and large retail banks have gotten involved, these bank, rather than taking it to competitors. Time may be running out will probably establish practices and cryptocurrency into their existing products.

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You won't believe how easy it's to create your own cryptocurrency...
These so-called CBDCs, or digital versions of dollars, yuan, euros, yen or any other currency, are coming, say those who study them. And. The Brazilian digital banking startup Nubank will launch its own cryptocurrency in the country next year, marking the latest move into digital. As recently as this year The Bank of England announced their initiative to create their own cryptocurrency. They've named it RSCoin. This new digital.

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CBDCs, backed by a government and controlled by a central bank, would give households, consumers, and businesses a secure means of exchanging digital currency. To avoid being left behind, banks need to find a way to embrace this technology and treat it as a friend rather than an enemy. There is no U.