Virtual Currencies and Cryptocurrencies Virtual currency are the form of digital currency and it is only available at virtual world. But at the same time ,Cryptocurrencies are also digital currency but it exist online along with it is also called virtual currencies because created by Cryptographic Algoritms. 1. At Present Condition There is no any kind of globally definition of Virtual Currency because it is known as Non-Fiat currency. It is such type of currency which is issued by government ,centralized(Monitored by govt) it is physical medium of exchange ,and unlimited supply. 2. Whereas ,Cryptocurrency is generated by computers. ...