Cryptocurrency is:
A) a privately issued digital currency that is transferred anonymously.
B) banned in the United States but legal in Europe.
C) money that is deposited in private banks rather than commercial banks.
D) currency that is stored in physical vaults.

Question

Quizplus · Accepted Answer

Cryptocurrency is a type of digital or virtual currency that uses cryptography for security, making it difficult to counterfeit. It operates independently of a central authority, enabling anonymous transactions across a decentralized network.

Cryptocurrency Is