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 representation of value used as a medium of

Examples of Virtual currency in a sentence

  • These General Terms and Conditions govern the contractual relationship that is entered into between SWAG OÜ with registered office at Tallinn Xxxxx xxx 00 - 00000, Xxxxxxx Xxxxxxx - registered in the Commercial Register under number 14762080 (hereinafter "SWAG") and the Customer for the provision of Virtual Currency exchange services as well as Virtual Currency Wallet Services.

  • The Customer, when executing Transactions, must take into account the limits assigned by SWAG, related to the volume, expressed in EUR or other legal tender or Virtual Currency, that is possible to transfer in a given period.

  • The Company has neither traded nor it holds any investment in Crypto currency or Virtual Currency.

  • Uniform Law Commission, Draft Regulation of Virtual Currency Business Act, April 14, 2017.Furthermore, Section 5 of TOMA defines the action of “[t]ransmitting money” as: [T]ransmission of money by any means, including transmissions to or from locations within the United States or to and from locations outside of the United States by payment instrument, facsimile or electronic transfer, or otherwise, and includes bill payment services.


More Definitions of Virtual currency

Virtual currency means a digital representation of value
Virtual currency means a digital asset that is:
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 a digital asset that is used as a medium
Virtual currency means a digital representation
Virtual currency means stored value that:
Virtual currency means any type of digital representation of value that: