Digital asset definition

Digital asset means an electronic record in which an individual has a right or interest. The term does not include an underlying asset or liability unless the asset or liability is itself an electronic record.

Digital asset means an electronic record in which an individual has a right or

Digital asset means any digital asset, cryptocurrency, virtual currency, digital currency, or digital commodity, including, without limitation, Bitcoin and Ether, which is based on the cryptographic protocol of a computer network that may be: centralized or decentralized; closed or open-source; or used as a medium of exchange and/or store of value.

Examples of Digital asset in a sentence

• Digital asset prices are affected by various forces including global supply and demand, interest rates, exchange rates, inflation or deflation and the global political and economic conditions.

• Digital asset trading platforms are not regulated as securities exchanges or commodity futures exchanges under the securities or commodity futures laws of Canada, the United States or other global jurisdictions.

• Digital asset trading platforms such as Uniswap, an exchange run entirely on smart contracts, allow its participants to trade tokens directly from their wallets.

• Digital asset investors—which may include less-sophisticated retail investors, who may not be positioned to comprehend or tolerate high risks—may be especially vulnerable to new types of fraud and manipulation, leading to questions about investor protection.

• Digital asset business operators include digital asset exchanges, brokers, dealers, and a catch-all for “other businesses relating to digital assets as prescribed by the Minister under the recommendation of the [Thai SEC]”.

More Definitions of Digital asset

Digital asset means an electronic record in which an

Digital asset means a representation of economic, proprietary,

Digital asset means Bitcoin, and any other “digital currency” which is a “commodity” under the Commodity Exchange Act, as amended. For this purpose, “digital currency” means any type of digital unit that is used as a medium of exchange or a form of digitally stored value (including digital units of exchange that (i) have a centralized repository or administrator, (ii) are decentralized and have no centralized repository or administrator, and/or (iii) may be created or obtained by computing or manufacturing effort).

Digital asset means an electronic record in which an individual has a right or interest. “Digital asset” does not include an underlying asset or liability unless the asset or liability is itself an electronic record. “Digital asset” does not include health information or individually identifiable health information as those terms are defined in the federal Health Insurance Portability and Accountability Act of 1996, Pub. L. No. 104-191.

Digital asset means an electronic record in

Digital asset means anything that exists in binary format and comes with the right to use it and includes a digital representation of value that—

Digital asset means a digital representation of value in which encryption techniques are used to regulate the generation of digital units and verify the transfer of assets, operating independently from a central bank.