HOUSE_OVERSIGHT_025688

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Investment Soe Management Key Takeaways Division " Blockchain technology, which underlies cryptocurrencies, is revolutionary, and likely to have many applications. = Cryptocurrencies are currently too volatile to be a medium of exchange, unit of account, or store of value, and have many vulnerabilities. = The cryptocurrency ecosystem will evolve substantially over time. = The current incarnation of cryptocurrencies is unlikely to persist, but we expect central bank digital currencies to prevail. 25 Source: Investment Strategy Group. HOUSE_OVERSIGHT_025688

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