Virtual Asset Issuance

Definition ∞ Virtual asset issuance refers to the process of creating and distributing new digital assets on a blockchain or distributed ledger technology. This includes the initial generation of tokens, often through smart contracts, and their subsequent release into circulation. The issuance process is governed by specific rules embedded within the protocol.
Context ∞ In the digital asset space, virtual asset issuance is a fundamental activity, ranging from the creation of new cryptocurrencies and stablecoins to non-fungible tokens (NFTs). Regulatory bodies globally are increasingly focused on the legal classification and oversight of these issuance events. News reports frequently cover new token launches and the associated regulatory considerations.