Examples of types of digital money are central bank digital currencies, cryptocurrency, and stablecoins. Because software and networking are essential components of digital money, it is ...

a bank’s main business is to make money. The Fed raises, maintains, or lowers its interest rates according to prevailing economic conditions. When an economy is in a recession, for example, it ...

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A money center bank is a large, national or international financial institution that lends money to governments, large businesses, and other banks in addition to handling typical banking customers ...