Which of the following are true statements about cryptocurrencies? More than one answer may be selected.

Check All That Apply

A cryptocurrency only exists on a computer.A cryptocurrency only exists on a computer.

You can create new cryptocurrency using a process called mining.You can create new cryptocurrency using a process called mining.

Cryptocurrencies are controlled by the World Bank rather than countries.Cryptocurrencies are controlled by the World Bank rather than countries.

A financial institution is needed to transfer cryptocurrencies.