#AirdropSafetyGuide The objective of this study was to examine the relationship between cryptocurrencies, digital currencies, virtual currencies, and electronic money, based on their definitions by major international bodies such as the European Central Bank, the Bank for International Settlements, and the European Parliament, and on the classifications they established for these terms. The study concluded that virtual currencies, cryptocurrencies, and electronic money are all digital currencies; however, virtual currencies and cryptocurrencies are not subject to any legal regulation, and therefore are not considered electronic money and are not included in the category of money. Thus, electronic money is the only term that is considered money in the sense