cryptocurrency

noun

cryp·​to·​cur·​ren·​cy ˌkrip-tō-ˈkər-ən(t)-sē How to pronounce cryptocurrency (audio)
-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
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The Spurs’ Fiesta shirts were paid for by the team’s jersey sponsor Ledger, a French cryptocurrency company, but different shirts for future games will have different sponsors. Lev Akabas, Sportico.com, 21 Apr. 2026 Each month, DriveSavers receives calls from people facing the loss of their memories, their livelihoods, their businesses, their cryptocurrency wallets. Julian Lucas, New Yorker, 20 Apr. 2026 Andreessen, for example, has been highly critical of financial regulation, particularly regarding cryptocurrency. Steve Liesman,matt Peterson, CNBC, 20 Apr. 2026 Celsius ultimately declared bankruptcy, but that’s small potatoes compared to what happened to FTX, the cryptocurrency exchange founded by Sam Bankman-Fried, who was famously convicted of seven counts of fraud and is now serving 25 years in prison. Owen Gleiberman, Variety, 20 Apr. 2026 See All Example Sentences for cryptocurrency

Word History

Etymology

crypto- + currency

First Known Use

2009, in the meaning defined above

Time Traveler
The first known use of cryptocurrency was in 2009

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Cite this Entry

“Cryptocurrency.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/cryptocurrency. Accessed 28 Apr. 2026.

Kids Definition

cryptocurrency

noun
cryp·​to·​cur·​ren·​cy ˌkrip-tō-ˈkər-ən(t)-sē How to pronounce cryptocurrency (audio)
-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
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