Digital Assets

Cryptocurrency

Definition

What is Cryptocurrency?

A digitally represented asset that uses cryptographic and distributed-ledger systems for issuance or transfer.

Example in practice

An investor buys bitcoin through a regulated exchange.

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An electronically represented item of value or right that can be owned or transferred.

A distributed record of transactions grouped into linked blocks and maintained by a network.

A digital unit issued or represented on a blockchain.

A scarce metal commonly held for industrial use, jewellery, or investment.

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