Virtual currency definition

Virtual currency means a digital representation of value used as a medium of exchange, unit of account, or store of value, which does not have legal tender status recognized by the United States. The term does not include:
Virtual currency means a digital representation of value that:
Virtual currency means a digital asset that is:

Examples of Virtual currency in a sentence

  • Virtual currency is distinguished from fiat currency (real currency, real money or national currency), which is the coin and paper money of a country that is designated as its legal tender; circulates; and is customarily used and accepted as a medium of exchange in the issuing country.

  • Virtual currency is distinguished from fiat currency (a.k.a. “real currency,” “real money,” or “national currency”), which is the coin and paper money of a country that is designated as its legal tender; circulates; and is customarily used and accepted as a medium of exchange in the issuing country.

  • Virtual currency, tangible return: Portfolio diversification with bitcoin.

  • Virtual currency or cryptocurrency coins: Any Employee who purchases or sells virtual currency or cryptocurrency coins or tokens that are being offered, or previously were offered, as part of an initial coin offering (“ICO”), should consult with the CCO as to whether such coins or tokens would be considered Covered Securities for purposes of this policy.

  • Virtual currency schemes – a further analysis, 2015, supra note 12, p.


More Definitions of Virtual currency

Virtual currency means a digital representation of value
Virtual currency means a digital representation of value used as a medium of
Virtual currency means a digital asset that is used as a medium
Virtual currency means a digital representation of value used as a
Virtual currency means a value represented in the digital form, which is digitally transferable, preservable or tradable and which natural persons or legal persons accept as a payment instrument, but that is not the legal tender of any country or funds for the purposes of Article 4(25) of Directive (EU) 2015/2366 of the European Parliament and of the Council on payment services in the internal market, amending Directives 2002/65/EC, 2009/110/EC and 2013/36/EU and Regulation (EU) No 1093/2010, and repealing Directive 2007/64/EC (OJ L 337, 23.12.2015, pp. 35–127) or a payment transaction for the purposes of points (k) and (l) of Article 3 of the same Directive;
Virtual currency means stored value that:
Virtual currency means a digital representation