The rise of electronic transactions and payments saw the emergence of what is known as digital currencies or cryptocurrencies. Despite the doubts that surrounded them in their early days – being virtual/electronic – they were met with increasing welcome and acceptance, and demand surged, pushing cryptocurrency prices to record levels that were previously unimaginable. They have even found their way into international financial transactions and have become a point of curiosity and interest for everyone. In this article, we will shed light on digital currencies to clarify the concept and how to deal with them.