CEX Quiz Answers 11 November 2024
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Task: “The Future of Cryptocurrency: Regulations, Adoption & More”
1. What are NFTs used for in the crypto world?
– Digital ownership of unique assets like art and real estate
2. Which country is known for developing its own CBDC?
– China
3. What does DeFi stand for?
– Decentralized Finance
4. Which companies were mentioned as examples of mainstream adoption?
– Tesla and PayPal
5. How is DeFi changing finance?
– By allowing people to access financial services without traditional banks
6. How could CBDCs influence public understanding of digital assets?
– By helping people become more comfortable with digital currencies
7. What could mainstream adoption mean for crypto in daily life?
– People using crypto for everyday purchases like coffee
8. What might help crypto become as common as credit cards?
– More businesses accepting crypto payments
9. How might regulations impact the crypto market?
– They could make crypto safer and more stable
10. What is the overall outlook for the future of crypto, according to the video?
– A stable, accessible, and widely accepted financial system
11. What is a CBDC?
– Central Bank Digital Currency
12. What is one of the biggest factors that could shape the future of crypto?
– Government regulations
Open CEX IO Bot: https://t.me/cexio_tap_bot?start=1726737471260929
#CEXQuiz #CEXIOQuiz
Task: “The Future of Cryptocurrency: Regulations, Adoption & More”
1. What are NFTs used for in the crypto world?
– Digital ownership of unique assets like art and real estate
2. Which country is known for developing its own CBDC?
– China
3. What does DeFi stand for?
– Decentralized Finance
4. Which companies were mentioned as examples of mainstream adoption?
– Tesla and PayPal
5. How is DeFi changing finance?
– By allowing people to access financial services without traditional banks
6. How could CBDCs influence public understanding of digital assets?
– By helping people become more comfortable with digital currencies
7. What could mainstream adoption mean for crypto in daily life?
– People using crypto for everyday purchases like coffee
8. What might help crypto become as common as credit cards?
– More businesses accepting crypto payments
9. How might regulations impact the crypto market?
– They could make crypto safer and more stable
10. What is the overall outlook for the future of crypto, according to the video?
– A stable, accessible, and widely accepted financial system
11. What is a CBDC?
– Central Bank Digital Currency
12. What is one of the biggest factors that could shape the future of crypto?
– Government regulations
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