Economics · Crypto Asset Definition
According to standard regulatory frameworks, what is the primary definition of a crypto-asset?
- 1An offline physical commodity traded exclusively via manual ledger entries
- 2A digital representation of value or rights which may be transferred and stored electronically✓
- 3A legal contract that guarantees an equity stake in a traditional public sector enterprise
- 4A physical currency issued by a centralized commercial banking institution
Correct answer
A digital representation of value or rights which may be transferred and stored electronically
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