Stupid question about dongles

I am upgrading from an ancient version to the latest because my version of 5.1 messes up my sound card to the point where nothing works.
I was using a virtual licenser. Do the latest versions of Cubase need an actual physical dongle or is eLicensing still an option (I can’t find the definitive answer in the tsunami of information on the site)?
Do I need to BUY a new eLicense as well - do I need to add that to the basket?
Thank you.

All levels of Cubase 12 use the Steinberg Activation Manager, and no physical dongle is needed for that.
Steinberg Licensing
Steinberg Activation Manager