For fictional currencies used within games, such as Monopoly money, see Virtual economy.
Not to be confused with Cryptocurrency or Digital currency.
Virtual currency, or virtual money, is a digital currency that is largely unregulated, issued and usually controlled by its developers, and used and accepted electronically among the members of a specific virtual community.[1] In 2014, the European Banking Authority defined virtual currency as "a digital representation of value that is neither issued by a central bank or a public authority, nor necessarily attached to a fiat currency but is accepted by natural or legal persons as a means of payment and can be transferred, stored or traded electronically."[2] A digital currency issued by a central bank is referred to as a central bank digital currency.
^Cite error: The named reference ECB was invoked but never defined (see the help page).
^"EBA Opinion on 'virtual currencies" (PDF). European Banking Authority. 4 July 2014. p. 5. Retrieved 14 January 2022.
Virtualcurrency, or virtual money, is a digital currency that is largely unregulated, issued and usually controlled by its developers, and used and accepted...
internet. Types of digital currencies include cryptocurrency, virtualcurrency and central bank digital currency. Digital currency may be recorded on a distributed...
virtual economies for "real" economic benefit. Despite primarily dealing with in-game currencies, this term also encompasses the selling of virtual currency...
A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant...
applicable to transactions involving property apply to virtualcurrency. Originally, currency was a form of receipt, representing grain stored in temple...
form of currency, such as banknotes and coins. In bookkeeping and financial accounting, cash is current assets comprising currency or currency equivalents...
a local currency is a currency that can be spent in a particular geographical locality at participating organisations. A regional currency is a form...
guidance regarding virtualcurrencies, according to which, exchangers and administrators, but not users of convertible virtualcurrency are considered money...
games, skin gambling is the use of virtual goods, often cosmetic in-game items such as "skins", as virtualcurrency to bet on the outcome of professional...
Retrieved 15 January 2022. "The exchange of traditional currencies for units of the 'bitcoin' virtualcurrency is exempt from VAT" (PDF). Court of Justice of the...
study, Virtualcurrency schemes, the European Central Bank concluded that the growth of virtualcurrencies will continue, and, given the currencies' inherent...
United States virtualcurrency law is financial regulation as applied to transactions in virtualcurrency in the U.S. The Commodity Futures Trading Commission...
Roblox is free to play, with in-game purchases available through a virtualcurrency called Robux. As of August 2020, Roblox had over 164 million monthly...
(December 20, 2013). "What is Dogecoin? The Meme that Became the Hot New VirtualCurrency". International Business Times. Archived from the original on September...
responsibilities further. The present concept of CBDCs differs from virtualcurrency and cryptocurrency in that a CBDC would be issued by a state. Most...
accepted bitcoins for certain services. Buying real-world goods with any virtualcurrency had been illegal in China since at least 2009. Research produced by...
States dollar (symbol: $; currency code: USD; also abbreviated US$ to distinguish it from other dollar-denominated currencies; referred to as the dollar...
in-game currency) is used to purchase virtual goods within a variety of online communities, which include social networking websites, virtual worlds and...
A BitLicense is the common term used for a business license for virtualcurrency activities, issued by the New York State Department of Financial Services...
Retrieved 3 April 2024. Popper, Nathaniel (27 March 2016). "Ethereum, a VirtualCurrency, Enables Transactions That Rival Bitcoin's". The New York Times. Archived...
exchange, or a digital currency exchange (DCE), is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such...
rebranded from Ripple Labs to Ripple. On June 13, 2016, Ripple obtained a virtualcurrency license from the New York State Department of Financial Services, making...
Fighter), a multiplayer PC beat 'em up video game. The QQ Coin is a virtualcurrency used by QQ users to "purchase" QQ related items for their avatar and...
October 2009, ALBA leaders agreed at a summit in Bolivia to create a virtualcurrency, named the SUCRE. "The document is approved," said Bolivian President...
authentication. In November 2019, LocalBitcoins.com got registered as a VirtualCurrency Provider by the Finnish Financial Supervisory Authority. On 9 February...
names: authors list (link) Popper, Nathaniel (2016-03-28). "Ethereum, a VirtualCurrency, Enables Transactions That Rival Bitcoin's (Published 2016)". The New...
work as a currency. It is commonly referred to with terms like: digital currency,: 1 digital cash, virtualcurrency, electronic currency, digital gold...
coin to acquire a random toy capsule. In gacha games, players pay virtualcurrency (bought with real money or acquired in-game) to acquire random game...
Global Information