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cash app is an exchange. so in and of itself, it is not virtual currency. however, some of the things you can do with the app is to deal in virtual currency.
see this link on things you can do with the app
https://www.tastyreferrals.com/what-is-cash-app/
No cash app is not virtual currency. Cash app is just a way to transfer money to other people via mobile payment.
https://www.irs.gov/businesses/small-businesses-self-employed/virtual-currencies
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