Digital Asset Activities

Definition ∞ Digital asset activities encompass any operation involving cryptocurrencies, tokens, or other blockchain-based assets. These actions include their creation, exchange, storage, and utilization, spanning trading, staking, lending, borrowing, and participating in decentralized autonomous organizations. Such activities represent the core functions within the digital asset economy.
Context ∞ Regulatory bodies globally are increasingly focused on defining and supervising digital asset activities to prevent illicit finance and protect consumers. The classification of specific activities, such as whether a token constitutes a security or a commodity, significantly impacts the compliance obligations for service providers. This regulatory clarity remains a primary concern for market participants.