Cryptocurrency definition
Cryptocurrency means a digital or electronic medium of exchange, operating independently of a central bank, in which encryption techniques are used to regulate generation of units and to verify transfer of units from one person to another.
Cryptocurrency means any virtual or digital representation of value, token or other asset in which encryption techniques are used to regulate the generation of such assets and to verify the transfer of assets, which is not a security or otherwise characterized as a security under the relevant law. This includes initial coin offerings (“ICOs”) and secondary coin offerings (“SCOs”).
Cryptocurrency means a decentralized digital currency which takes the form of tokens or coins, such as Bitcoin, Litecoin, Ethereum. Cryptocurrencies, own their own, are considered currency and not a security.
Examples of Cryptocurrency in a sentence
The usage of Equitas Credit card shall strictly be in accordance with exchange control regulations, law of the land or of the Regulatory authorities as applicable from time to time, the card will not be used for transactions involving Forex Trading, Lottery, Betting, Gambling, Dating, Babysitting, Cryptocurrency and Virtual currency.
More Definitions of Cryptocurrency
Cryptocurrency means a digital or electronic medium of exchange, operating independently of a central bank, in
Cryptocurrency means a digital store of funds that utilizes a cryptography security technique to (1) control the creation of new units and (2) validate the transfer of the asset. It is important to not confuse crypto assets with Blockchain, which is the technology that enables crypto assets to act as a decentralized network where the ledger of data entries does not exist on any one server as a physical database but is instead distributed across and validated by the other users of the network.
Cryptocurrency means a digital currency, unlike fiat currency, which is based on mathematics alone and is produced by solving mathematical problems based on cryptography;
Cryptocurrency means Bitcoin, Ethereum, PXP, Litecoin and other cryptocurrencies depending on the settings of the user account. The Company can modify, expand and amend the list of available cryptocurrencies at any time.
Cryptocurrency means a digital representation of value in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently from a central bank.
Cryptocurrency means an encrypted “Data” string that denotes a unit of digital or virtual currency that is secured by “Cryptography”. It is not reliant on a central issuing or regulating financial authority and uses a decentralized peer-to-peer network system called a blockchain.
Cryptocurrency means a cryptographically secured digital representation of value or contractual rights that uses distributed ledger technology and can be transferred, stored or traded electronically.