One of the world's most established dictionaries has gotten a cryptocurrency update.
Merriam-Webster announced Monday that it has added terms such as "cryptocurrency," "blockchain" and "initial coin offerings" to its word lists as of this month. The additions came amid more than 800 new entries.
In unveiling the move, the company said that it aims to help clarify the "sometimes perplexing domain of digital financial exchanges," striving to use examples as a guiding point.
"The sometimes perplexing domain of digital financial exchanges opens a window into a subject that requires explanation for many of us, hence the detailed definition of cryptocurrency as well as an entry for initial coin offering, which refers to the first sale of Bitcoin-like digital currency," Merriam-Webster wrote.
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