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Which is the following is not true about virtual currency? A. Virtual currency is issued by...

Which is the following is not true about virtual currency?

A. Virtual currency is issued by a govermment entily

B. Transactions are recorded in a public ledger system

C. The IRS considers convertible virtual currency to be a type of property

D. Virtual currency generally does not have a physical representation

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Answer #1

Aswer : A) Virtual Currency Issued By a Government Entity.

Vitual Currency is Digital Money which is unregulated doesn't have a physical form not issued by the any government authority. ITis used among the special group of people.

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