兴趣爱好The judge appeared dismissive of Coinbase’s argument that the lawsuit implicates the so-called major questions doctrine. That legal principle is based on a supreme court ruling that says federal agencies cannot regulate without specific congressional authorization. Digital or virtual currency is an electronic medium of exchange that is not a representation of U.S. or foreign currency. Cryptocurrency is a type of digital currency that utilizes cryptography to secure transactions that are digitally recorded on a distributed ledger, such as a blockchain. According to the IRS: “Units of cryptocurrency are generally referred to as coins or tokens. Distributed ledger technology uses independent digital systems to record, share, and synchronize transactions, the details of which are recorded in multiple places at the same time with no central data store or administration functionality.”