Post
Topic
Board Bitcoin Discussion
Re: Is there an agreed currency code for Bitcoin?
by
hitchhiker
on 15/07/2017, 16:13:01 UTC
So (if I'm understanding) basically we tend to use BTC - but the financial industry is suggesting something like XBT to be more in line with supranational designations:

https://en.wikipedia.org/wiki/ISO_4217

Quote
In addition to codes for most active national currencies ISO 4217 provides codes for "supranational" currencies, procedural purposes, and several things which are "similar to" currencies:

Codes for the precious metals gold (XAU), silver (XAG), palladium (XPD), and platinum (XPT) are formed by prefixing the element's chemical symbol with the letter "X". These "currency units" are denominated as one troy ounce of the specified metal as opposed to "USD 1" or "EUR 1".