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Definition of cryptocurrency noun from the Oxford Advanced Learner's Dictionary

cryptocurrency

noun
 
/ˈkrɪptəʊkʌrənsi/
 
/ˈkrɪptəʊkɜːrənsi/
[uncountable, countable]
(plural cryptocurrencies)
(also crypto)
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  1. any system of electronic money, used for buying and selling online and without the need for a central bank
    • Cryptocurrency represents one of the most promising internet technologies in years.
    • ‘Altcoin’ is a catch-all term for cryptocurrencies based on the Bitcoin system.
    compare digital currencyTopics Moneyc2
    Word OriginEarly 21st century: from crypto- + currency.

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