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A new report by the European Parliament’s economic and monetary affairs committee has found in favour of supporting central bank digital currencies, which they define differently from cryptocurrencies. While cryptocurrencies use cryptographic functions to authorise or verify transactions, digital currencies are those that are implemented on computer systems, including in the form of a simple database. Cryptocurrencies [...]
The post EUROPEAN PARLIAMENT REPORT FINDS IN FAVOUR OF CENTRAL BANK DIGITAL CURRENCIES appeared first on Payments Cards & Mobile.
