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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Current ethics rules require members and staff to report profits from other assets, such as cryptocurrency, stocks and bonds. Luke Garrett, NPR, 19 May 2026 This increase in utility prices is primarily tied to data center expansion, with cryptocurrency mining also included in the modeling of higher costs. Tristan Bove, Fortune, 19 May 2026 Mahan entered the race late and with little statewide name recognition, but catapulted into contention thanks to massive funding from billionaire tech titans, venture capitalists, cryptocurrency investors and other Silicon Valley elites. Kevin Rector, Los Angeles Times, 18 May 2026 Other red flags could include not being traceable to the state listed in the customer's address or paying for phone service with cryptocurrency. Kurt Knutsson, FOXNews.com, 17 May 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 21 May. 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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