MLchartDataset catalogue

Cryptocurrency

Term · Law · MLC-T-LAW-001429

A digital or virtual currency that uses cryptography for security and operates on a decentralized network, typically a blockchain. It functions as a medium of exchange, a store of value, or a unit of account, independent of central banks. Regulatory frameworks for cryptocurrency are evolving globally, with some jurisdictions classifying it as property, a commodity, or a security.

Table 1. Record
IdentifierMLC-T-LAW-001429
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001429",
  "term": "Cryptocurrency",
  "field": "Law",
  "definition": "A digital or virtual currency that uses cryptography for security and operates on a decentralized network, typically a blockchain. It functions as a medium of exchange, a store of value, or a unit of account, independent of central banks. Regulatory frameworks for cryptocurrency are evolving globally, with some jurisdictions classifying it as property, a commodity, or a security.",
  "url": "https://mlchart.com/terminology/law/cryptocurrency/"
}

Record 1,287 of 5,439 in Law terminology (MLC-0107). Request the full dataset.