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| Coin coins | Virtual currency is a digital representation of value with no tangible form. In the United States in July , courts ruled that cryptocurrencies are considered securities when purchased by institutional buyers but not by retail investors purchased on exchanges. What Is Bitcoin? Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated. Cryptocurrencies are digital assets that are secured by cryptography. In this system, centralized intermediaries, such as banks and monetary institutions, are not necessary to enforce trust and police transactions between two parties. Initially, cryptocurrency was pushed as an alternative to fiat currency based on the premise that it is portable, censorship-resistant, available globally and an affordable means of executing cross-border transactions. |
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