Knowledge Base

← Financial Instruments, Crypto-Assets, and Their Risks

Questions

Which technology underpins all crypto-assets and enables disintermediated transactions?

Symmetric cryptography
Blockchain
Centralized systems
Relational databases

Which category of crypto-assets represents financial securities converted into digital tokens?

Utility tokens
Cryptocurrencies
Security tokens
NFTs

What is the main objective of stablecoins?

Provide a stable value through backing by reference assets
Represent financial securities converted into digital tokens
Serve as a means of exchange without banking intermediaries
Offer a usage right on a specific product or service

What is the main advantage of digital wallets for crypto-assets?

Centralize all transactions in a bank
Securely store crypto-assets with public and private keys
Automatically convert crypto-assets into fiat currencies
Regulate the crypto-asset market

What is a utility token?

Click to see answer

Categorize items by dragging them to the appropriate zones

Items to categorize:

Utility token for a crowdfunding platform
Bitcoin (BTC)
USDT (Tether)
NFT representing a unique artwork
Categories:

Tokens

Cryptocurrencies

NFTs (non-fungible tokens) are always considered fungible tokens under the MiCA regulation.

True
False

Cryptocurrencies are issued and guaranteed by a central bank.

True
False