2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Bank of America
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Goldman Sachs
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JP Morgan Chase & Co
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Wells Fargo
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Detailed explanation-1: -China’s digital RMB was the first digital currency to be issued by a major economy. As of January 2023, four central banks have launched a CBDC: the Central Bank of The Bahamas (Sand Dollar), the Eastern Caribbean Central Bank (DCash), the Central Bank of Nigeria (e-Naira) and the Bank of Jamaica (JamDex).
Detailed explanation-2: -XRP was created by high-profile payment processor Ripple, specifically to facilitate international currency transfers by banks, credit unions, fintechs and other financial institutions.
Detailed explanation-3: -Yes, Chase Bank does allow customers to buy crypto assets with a Chase Debit Card. The only condition is that customers must use a licensed and regulated broker or exchange to purchase the crypto assets.
Detailed explanation-4: -The finance and banking industries JPMorgan Chase works with Tableau for their DBMS software, which helps the financial institution stay compliant with regulations, automates data governance reporting, and provides efficient service to their clients.