A cryptoasset is a cryptographically secured digital representation of value or contractual rights that uses a form of distributed ledger technology and can be transferred, stored, or traded electronically (Gov.uk, 2024).
🤓 FYI
We use the term ‘cryptoasset(s)’ as an umbrella term when referring to any or all of the following:
Cryptocurrency
NFTs (non-fungible-tokens) and other tokens
Digital/blockchain assets
