Virtual currency: Difference between revisions
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imported>Doug Williamson (Create page - source - Thomson Reuters - https://uk.practicallaw.thomsonreuters.com/w-014-6290?transitionType=Default&contextData=(sc.Default)&firstPage=true) |
imported>Doug Williamson (Add abbreviation.) |
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A virtual currency is digital representation of value that is not available in physical form. | A virtual currency is digital representation of value that is not available in physical form. | ||
Latest revision as of 12:39, 16 February 2023
(VC).
A virtual currency is digital representation of value that is not available in physical form.
Virtual currency is stored and transacted in electronic form, and does not have legal tender status.
Virtual currencies include a subset - cryptocurrencies - which are protected by cryptography.
