Fraud glossary · Digital assets

Cryptocurrency

A digital asset recorded or transferred using cryptographic systems.

Published 24 September 2026 · Prepared by Fraud Response Network

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Meaning

Cryptocurrency is a broad term for digital assets that may operate on public or private networks. Different assets and services have different technical and legal characteristics.

Limits

Crypto transfers can be irreversible and wallet addresses do not by themselves identify a controlling person.

This definition is general information. Specific legal and technical meanings can vary by context and jurisdiction.

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