Virtual Currency
Virtual Currency is any type of digital unit, including cryptocurrency, used as a medium of exchange, unit of account, or a form of digitally stored value, which does not have legal tender status recognized by the United States.
The term does not include the software or protocols governing the transfer of the digital representation of value, game-related digital content, or a loyalty card or gift card. Currently, our office is not accepting virtual currency, i.e., Bitcoin, Ethereum, XRP, Dogecoin, etc., in its native form. The office will however accept the proceeds from such virtual currency if exchanged to U.S. dollar or after liquidation.