Virtual Assets definition

Virtual Assets means digital representations of value which may be in the form of digital tokens (such as digital currencies, utility tokens or security or asset-backed tokens), any other virtual commodities, crypto assets or other assets of essentially the same nature, irrespective of whether they amount to “securities” or “futures contracts” as defined under the SFO;
Virtual Assets means any “virtual asset” as defined in section 53ZRA of the AMLO;
Virtual Assets means any digital representation of value (whether called a digital payment token or by any other name) that can be digitally stored, traded, or transferred, and can be used for payment or investment purposes and satisfies such other characteristics as specified by the Bank.

Examples of Virtual Assets in a sentence

  • INR.15 explicitly confirms that the FATF Definitions of property, proceeds, funds, funds or other assets or other corresponding value in the Glossary include Virtual Assets.

  • Some of the Virtual Assets may not circulate freely or widely, and may not be listed on any secondary markets.

  • It is as likely that losses will be incurred rather than profit made as a result of buying and selling Virtual Assets.

  • The prices of Virtual Assets are usually not transparent and are frequently highly speculative and susceptible to market manipulation.

  • It is your duty to learn about all the risks involved with Virtual Assets, their protocols and networks.


More Definitions of Virtual Assets

Virtual Assets means any virtual assets as defined in section 53ZRA of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Chapter 615 of the Laws of Hong Kong) and any subsidiary legislation made thereunder, as amended or substituted from time to time.
Virtual Assets means currently supported cryptocurrencies and the Tokenized assets an exhaustive list of which is available at the Platform.
Virtual Assets means digital representations of value which may be in the form of digital tokens (such as digital currencies, utility tokens or security or asset-backed tokens), any other virtual commodities, crypto assets or other assets of essentially the
Virtual Assets has the meaning ascribed thereto in section 53ZRA of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Chapter 615 of the Laws of Hong Kong) and any subsidiary legislation made thereunder.
Virtual Assets means BTC, ETH, and any other Virtual Asset, cryptocurrency, virtual currency, token, leveraged token, stablecoin, tokenised stock, volatility token, tokenised futures contract or tokenised option product that is supported by and made available from time to time to transact in using the Platform. A list of these Virtual Assets can be found on our website or in Schedule 9 within this User Agreement.
Virtual Assets means a digital representation of value that can be digitally traded or transferred and in which encryption techniques are used to regulate the generation of digital units and verify the transfer of assets.
Virtual Assets means a digital representation of value that can be digitally traded, or transferred, and can be used for payment or investment purposes. Virtual Assets do not include digital representations of fiat currencies, securities and other financial assets that are already covered elsewhere in the FATF Recommendations.