Fiat Currency definition

Fiat Currency means certain supported fiat currencies, such as U.S. Dollars.
Fiat Currency means US Dollar, or any other government-issued currency designated as legal tender in its country of issuance through government decree, regulation, or law.
Fiat Currency means currency issued by the relevant body in a country or by a government that is designated as legal tender in its country of issuance through amongst other things, government decree, regulation, or law;

Examples of Fiat Currency in a sentence

  • It will be your responsibility to ensure that you hold and, if necessary, transfer sufficient (as applicable) Fiat Currency.

  • Any Fiat Currency used in discharge of any payment obligation you have must be held in your Nominated Bank Account and you can only receive Fiat Currency that is paid to you into your Nominated Bank Account.

  • It will be your responsibility to ensure that you hold and, if necessary, transfer sufficient (as applicable) Fiat Currency, Supported Digital Assets or Central Bank Digital Currency to the relevant account or digital asset wallet held with us to discharge your payment or delivery obligation in respect of your orders.


More Definitions of Fiat Currency

Fiat Currency means a currency issued by a country's government or central bank.
Fiat Currency means government issued currency that is designated as legal tender in its country of issuance through government decree, regulation or law.
Fiat Currency means the official currency of a jurisdiction, issued by a jurisdiction or by a jurisdiction’s designated Central Bank or monetary authority, as represented by physical banknotes or coins or by money in different digital forms, including bank reserves or Central Bank Digital Currencies. The term also includes commercial bank money and electronic money products (including Electronic Money and E- money Token).
Fiat Currency means a medium of exchange or unit of
Fiat Currency means government-issued currency that is designated as legal tender through government decree, regulation, or law, that customarily refers to paper money and coin and is circulated, used, and accepted as money.
Fiat Currency means money of any jurisdiction that is designated as legal tender and is customarily used and accepted as a medium of exchange in its jurisdiction of issue, as determined by Nonco in its sole discretion.
Fiat Currency means currency issued by a central bank and is the official legal tender of a country or group of countries;