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

Examples of Virtual currency in a sentence

  • Because we safeguard customers’ cryptocurrencies in accordance with the requirements of the Payment Services Act, the Cabinet Office Ordinance on Virtual Currency Exchange Service Providers, and other applicable laws and regulations, we estimate that the possibility of potential loss events is remote.


More Definitions of Virtual currency

Virtual currency means a digital asset that is:
Virtual currency means any type of a digital
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 any type of digital representation that:
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;