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While central banks are enthusiastically exploring the potential of CBDC, still been dabbling fryptocurrency digital. Another model is the one under consideration by the European Central Bank in which licensed have been using it a permissioned node of the blockchain network as a conduit for the distribution of a digital.
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e? ( e-rupi) - India�s Central Bank Digital Currency - CBDC - Comprehensive Analysis - UPSCA CBDC is virtual money backed and issued by a central bank. As cryptocurrencies and stablecoins have become more popular, the world's central banks have. Many of the world's monetary authorities are seeking more guidance on how best to pursue digital forms of central bank money. The key difference between cryptocurrency and CBDCs is that CBDCs are regulated and issued by the central bank, while cryptocurrencies are.