The rapid development and growth in the field of information and communication technologies has changed our day to day life. Not only the day to day life, but it has changed our traditional pattern of banking and financial transactions. This advancement in the ICT has converted a lot of traditional paper work activities into digitally operated. A lot of number of online users of technologies have made people capable to use these technologies in a very easier manner. These technologies also changed the pattern of financial transaction as well as created a new form of money.

Keywords : Cryptocurrency, Virtual Currency, Digital Currency, Bitcoin.