4 ms·

What counts here as a digital asset? World of Warcraft coins? Steam collectible cards?

• robot_no_419 5y ago
  Yes, those are all digital assets. It's a much broader class of assets than just virtual currencies (ie, cryptocurrencies) that includes photos, electronic records, and pretty much everything that's electronically stored and can be owned by a person. It's also not really a legally defined term, so there are bound to be different definitions and interpretations. I got my definition from https://www.americanbar.org/content/dam/aba/administrative/business_law/buslaw/committees/CL620000pub/digital_assets.pdf https://www.americanbar.org/content/dam/aba/administrative/b... See also the wiki, which provides a similar definition: https://en.wikipedia.org/wiki/Digital_asset https://en.wikipedia.org/wiki/Digital_asset
• RandomLensman 5y ago
  Sounds like it is a defined term: https://www.rpc.senate.gov/legislative-notices/hr-3684_infrastructure-investment-and-jobs-act https://www.rpc.senate.gov/legislative-notices/hr-3684_infra...
  • jnwatson 5y ago
    Good source. "Additionally, the provision clarifies that the definition of specified security includes a digital asset, which is defined as any digital representation of value that is recorded on a cryptographically secured distributed ledger or any similar technology." That means that WoW coins don't count (but NFTs do).