cryptocurrency

noun

cryp·​to·​cur·​ren·​cy ˌkrip-tō-ˈkər-ən(t)-sē 

-ˈkə-rən(t)-sē

plural cryptocurrencies

: any form of currency that only exists digitally, that usually has no central issuing or regulating authority but instead uses a decentralized system to record transactions and manage the issuance of new units, and that relies on cryptography to prevent counterfeiting and fraudulent transactions

Virtual currency bitcoin hit the mainstream in 2014. Bitcoin ATMs started springing up all over the world … , allowing people to exchange cash for the cryptocurrency, a secure digital payment outside of conventional financial institutions.

—Brenda Poppy

Examples of cryptocurrency in a Sentence

Recent Examples on the Web

Payment was requested in cryptocurrency. —Isaac Yee, CNN Money, 8 Apr. 2026

Windward, a maritime intelligence firm that tracks international shipping, said all ships transiting the strait must still coordinate safe passage with Iranian authorities, who are requiring hefty tolls of up to $1 a barrel for outbound oil, paid in cryptocurrency. —Stan Choe, Chicago Tribune, 8 Apr. 2026

The city of Haverhill, Massachusetts is banning all cryptocurrency kiosks after the Essex District Attorney's Office says three people fell victim to scammers for roughly $20,000 total. —Mike Sullivan, CBS News, 8 Apr. 2026

The discussion comes as the industry flourishes, driven by the rise of artificial intelligence and cryptocurrency mining. —Fort Worth Star-Telegram, 8 Apr. 2026

Word History

Etymology

crypto- + currency

First Known Use

2009, in the meaning defined above

Rhymes for cryptocurrency

• eurocurrency
• concurrency
• currency

Kids Definition

cryptocurrency

noun

cryp·​to·​cur·​ren·​cy ˌkrip-tō-ˈkər-ən(t)-sē 

-ˈkə-rən(t)-sē

: any form of currency that only exists digitally, that usually uses a decentralized system for issuing new units and reording transactions, and that relies on cryptography to prevent fraudulent transactions