Nevada Revised Statutes 120A.122 – ‘Virtual currency’ defined
Current as of: 2023 | Check for updates
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‘Virtual currency’ means a digital representation of value used as a medium of exchange, unit of account or store of value, that does not have legal tender status recognized by the United States. The term does not include:
Terms Used In Nevada Revised Statutes 120A.122
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Legal tender: coins, dollar bills, or other currency issued by a government as official money. Source: U.S. Mint
1. The software or protocols governing the transfer of the digital representation of value;
2. Game-related digital content; or
3. A loyalty card or gift certificate.