What is a digital asset?


Below is a passage from RBC Wealth Management which gives a well rounded description on what constitutes a digital asset, understanding and defining your estate and estate impacts in the digital age. What is a digital asset? When it comes to the term “digital asset,” there’s no universal definition that applies across the board (some resources define it broadly as an electronic record). The STEP recognizes digital assets as those that have financial and/or sentimental value, in much the same...