Digital Currency definition

Digital Currency means a type of digital currency that:

Digital Currency means a type of digital unit or asset that is used as a medium of exchange or form of digitally stored value. Examples of Digital Currency include Bitcoin and Ether.

Digital Currency means Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), Ether Classic (ETC), or Litecoin (LTC), any Resulting Currency and any digital currency that the Borrower and Lender agree upon.

Examples of Digital Currency in a sentence

• For purposes of creating a “security entitlement” as such term is defined in Section 8-102(a)(17) of the UCC, the Company and the Participant agree that: (1) the Digital Currency and any Digital Currency wallet maintained by the Company shall be treated as a “financial asset” as such term is defined in Section 8-102(a)(9) of the UCC; and (2) each Participant shall be treated as an “entitlement holder” as such term is defined in Section 8-102(a)(7) of the UCC.

• Any Digital Currency which a Participant desires be credited to such Participant’s Participant Account shall be transferred to a Digital Currency wallet designated by the Company and upon such transfer the Company shall indicate by book entry that such Digital Currency has been credited to such Participant Account.

• Any Digital Currency which an FCM Participant desires be credited to any of such FCM Participant’s Customer Accounts shall be transferred to a Digital Currency wallet designated by the Company and upon such transfer the Company shall indicate by book entry that such Digital Currency has been credited to any of such Customer Accounts.

• For purposes of creating a “security entitlement” as such term is defined in Section 8-102(a)(17) of the UCC, the Company and the Customer and the relevant FCM Participant all agree that: (1) the Digital Currency shall be treated as a “financial asset” as such term is defined in Section 8-102(a)(9) of the UCC; and (2) each FCM Participant shall be treated as an “entitlement holder” as such term is defined in Section 8-102(a)(7) of the UCC.

• Once submitted to a Digital Currency network, a Digital Currency Transaction will be unconfirmed for a period of time pending sufficient confirmation of the transaction by the Digital Currency network.

More Definitions of Digital Currency

Digital Currency means Bitcoin, USDT, USDC or any other digital currency as agreed between the Parties in writing.

Digital Currency means the central bank digital currency issued by the Bank under section 35(1);

Digital Currency means Bitcoin (BTC).

Digital Currency means a type of digital currency or asset which is not issued by any central bank or issuer and in which encryption techniques are used to facilitate the generation of units of the currency and verify the transfer of units.

Digital Currency means Bitcoin, and any other “digital currency” which is a “commodity” under the Commodity Exchange Act, as amended. For this purpose, “digital currency” means any type of digital unit that is used as a medium of exchange or a form of digitally stored value (including digital units of exchange that (i) have a centralized repository or administrator, (ii) are decentralized and have no centralized repository or administrator, and/or (iii) may be created or obtained by computing or manufacturing effort).

Digital Currency means fiat currency in an electronic form;”.

Digital Currency means the relevant digital currency specified as such in the Final Terms applicable to the relevant Series of Certificates.