What are digital assets?
A digital asset is data that has economic, legal or utility value, and is stored or used in digital form. The term cryptocurrency is widely used, although the exact terminology is crypto-assetDigital asset based on cryptography principles. Peer to peer traded, on a decentralized network, thanks to Distributed Ledger Technologies such as blockchain. The user is integrated into storage and transaction or digital asset according to the ACPR’s official appellation. The term “digital asset” encompasses cryptocurrencies such as Bitcoin, digital rights such as software licenses, digital media, images, videos and music, as well as other intangible assets such as patents and trademarks when managed electronically. Digital assets can be traded on digital markets, and often require specific security measures to protect against theft and counterfeiting.
BlockchainA blockchain is a type of distributed ledger technology. It is a huge database formed by blocks,cryptographically linked to each other, containing information such as transactions. These blocks are addedfollowing plays a key role in managing and securing digital assets. This technology works like a non-centralized ledger that records transactions transparently and immutably. Thanks to blockchain, digital assets such as crypto-currencies and non-fungible tokens (NFTs) can be exchanged and tracked with enhanced security, reducing the risk of fraud and enabling full traceability. Blockchain is therefore essential for establishing trust and authenticity in the digital asset ecosystem.
Cryptocurrencies or digital currencies are terms commonly used in the crypto ecosystem. However, the terminology favored by regulators (ACPR and AMF) is crypto-assets or digital assets. This distinction arises because, although often referred to as cryptocurrencies, these assets do not qualify as currencies in the legal sense. They are virtual resources based on blockchain technology, whose value is determined solely by supply and demand.
None of the information contained in this FAQ constitutes investment advice, tax advice, legal advice, or any other type of advice, nor does it serve as an invitation to engage in any form of financial transaction.
Investing in digital assets carries risks and may not be suitable for all investors. It is the responsibility of investors to educate themselves about the risks associated with different digital assets. In particular, it is noted that digital assets can exhibit significant volatilityPrice variation of an asset on a given period., and investments in digital assets involve a risk of capital loss. Accordingly, it is important to remember that the past performance of digital assets, as might be indicated on Banque Delubac & Cie’s website or in documents provided to investors, is not indicative of future performance. Investors should familiarize themselves with the technologies underlying each digital asset and their associated risks, including vulnerabilities, defects, hacks, errors, protocol failures, or attacks on the protocol. Banque Delubac & Cie cannot be held liable for any misunderstanding of the risks associated with digital assets or for any losses investors may incur due to errors in walletPrice variation of an asset on a given period. addresses attributable to the investor.
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