Crypto Asset

A digital asset that uses cryptography and blockchain technology for security, ownership verification, and transaction execution. Crypto assets can represent various forms of value or rights, are not issued by a central bank, and are not legal tender, but they can be used for trading, investing, or accessing decentralized services. Examples include cryptocurrencies (e.g., Bitcoin, Ethereum) as a medium of exchange; tokens that provide access to services, voting rights, or ownership; stablecoins pegged to a currency; and non-fungible tokens (NFTs), unique digital assets linked to art, music, gaming, and more.