Currency is the anchor of modern society. Bartering which started off with items like animal skins, salt, weapons, etc., gave way over time to currency, the paper and coins-based medium of exchange. The evolution of money has given birth to digital currency. Digital currencies are an overall superset for currencies such as digital money, electronic money, e-money, electronic currency, cybercash, and virtual currency, which includes cryptocurrencies. Digital currency can also mean traditional monetary assets in digital format.

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