'Cryptocurrency transactions are digital.' Is this statement true or false?

IT Exam Items RepositoryCategory: Introduction to Cybersecurity'Cryptocurrency transactions are digital.' Is this statement true or false?

'Cryptocurrency transactions are digital.' Is this statement true or false?

  • True
  • False

Explanation: Cryptocurrency is defined as digital money used to buy goods and services through secured online transactions. These transactions occur between digital wallets and are recorded in a decentralized electronic ledger known as a blockchain, which is updated and disseminated electronically worldwide.

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