# kaal:claim:3606663-004

**Claim.** The article stipulates a broad definition of digital assets covering all virtual and electronic assets regardless of how regulators name or categorize them, including cryptocurrencies, security tokens, utility tokens, virtual collectibles, stablecoins, and altcoins.

**Type.** definitional  **Support.** asserted

**Holds when.**

- definition adopted for the purposes of this article

**Source quote.**

> For the purposes of this article, digital assets are defined broadly. Digital assets cover all types of virtual and electronic assets, regardless of how they are otherwise named or categorized by regulatory agencies, including cryptocurrencies, security tokens,

**From.** Kaal, *Digital Asset Market Evolution* (2020), I. Introduction, page 3

**Cite as.** Kaal, Digital Asset Market Evolution (2020). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3606663

**Verify.** sha256 of source PDF `d1d4a15a293b715bb6a5a32e689f59c3a1587915039ba9a1cf4eeb8ee2a1e57c` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202020%20-%20Digital%20Asset%20Market%20Evolution.pdf

**Topics.** systemic-risk, tokenomics

**Keywords.** digital-assets, definitions, regulatory-classification, tokens

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