; (ii) does not have legal tender status; and (iii) has an ascertainable equivalent value in legal tender or is used as a substitute for legal tender. (C) Hard fork The term hard fork means, with respect to any convertible virtual currency, any material change in the shared digital ledger which is used to verify by consensus transactions in such currency if such change results in the maintenance of independent shared digital ledgers with respect to such currency. (3) Constructive receipt Receiving forked virtual currency shall include any right to receive (or other constructive of) such virtual currency.