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Cryptocurrency
Cryptocurrency is a type of digital or virtual currency that uses cryptography for security. Unlike traditional currencies, it operates on decentralized networks, typically using blockchain technology. This ensures transparency, immutability, and eliminates the need for intermediaries like banks. Popular cryptocurrencies include Bitcoin, Ethereum, and Litecoin. They are often used for online transactions, investments, and innovative financial solutions such as decentralized finance (DeFi). However, their value can be highly volatile, and they are subject to varying regulations across different countries.
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