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Showing posts from May, 2023

10 Important Cryptocurrencies Other Than Bitcoin

The PoBC has been testing cross-border payments with the Hong King Monetary authority. "Easytrip, O2 launch mobile toll payments service in the Republic of Ireland". Digital money can either be centralized, where there is a central point of control over the money supply , or decentralized, where the control over the money supply is predetermined or agreed upon democratically. Why Do Bitcoins Have Value? Announced as a crossboundary global digital currency, the project was scrutinised by US policymakers and financial institutions, over concerns that it might interfere with US monetary policy. US officials did not allow Meta to issue its own native coins without going through strict banking regulations. A Central Bank Digital Currency is the digital form of a country’s fiat currency that is also a claim on the central bank. Instead of printing money, the central bank issues electronic coins or accounts backed by the full faith and credit of the government. Central banks hav