Definition ∞ Digital asset commodities are digital tokens classified as raw goods rather than securities by regulators. These are digital assets, such as Bitcoin and certain other cryptocurrencies, that regulatory bodies, like the CFTC, consider to be commodities. Unlike securities, which represent an ownership interest or expectation of profit from a common enterprise, commodities are generally fungible goods used in commerce. Their classification dictates the regulatory framework and oversight they receive within financial markets.
Context ∞ The precise legal classification of various digital assets as either commodities or securities continues to be a central point of contention and regulatory uncertainty globally. This distinction profoundly impacts how these assets are traded, offered, and regulated, influencing market access and compliance burdens. Clarity from legislative bodies and judicial rulings on this matter remains a critical development to watch for in the digital asset space.