‘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.

  Previous section
Next section  
 Chapter 120A Contents