Algorithmic stablecoin means stablecoins that are controlled by a proprietary algorithm in consideration of various market and risk factors.

A blockchain is a distributed and immutable digital ledger that records transactions in a series of blocks, linked and secured using cryptographic techniques, ensuring transparency, security, and decentralisation.

Crypto asset is a digital representation of value or rights which may be transferred and stored electronically, using distributed ledger technology or similar technology.

A crypto wallet is a digital tool that allows users to securely store, manage, and transact with their cryptocurrency holdings, typically providing a pair of cryptographic keys: a public key for receiving funds and a private key for authorising transactions.

A DAO is a blockchain-based organisation governed by smart contracts and decentralised decision-making, allowing members to vote and participate in the organisation's operations and management without centralised authority.

Digital asset is a digital representation of value that can be digitally traded, or transferred, and can be used for payment or investment purposes.

Crypto mining is the process of validating and adding new transactions to a blockchain network by solving complex mathematical problems using computational power, typically rewarded with newly minted cryptocurrency.

Non-fungible token (NFT) is a unique cryptographic token that exists on a blockchain and cannot be replicated. It can represent digital or real-world items like artwork.

Payment token means a digital representation of value that can be digitally traded and functions as a medium of exchange; and/or a unit of account; and/or a store of value but does not have legal tender status in any jurisdiction.

Security token is a digital or virtual token that has the features and characteristics of a security under the relevant Securities laws.

A smart contract is a self-executing programme with the terms of the agreement directly written into code, running on a blockchain, which automatically enforces and executes the agreed-upon terms when predefined conditions are met.

Stablecoin is a token designed to maintain a constant value against one or more specified fiat currencies, commodities, or financial instruments.

Utility token is a digital or virtual token which is intended to provide digital access to a good or service, available on distributed ledger technology, and is only accepted by the issuer of that token.

Virtual asset is a digital representation of value that can be digitally traded, or transferred, and can be used for payment or investment purposes.

Virtual asset service provider means any natural or legal person who as a business conducts one or more of the following activities or operations for or on behalf of another natural or legal person: i) exchange between virtual assets and fiat currencies; ii) exchange between one or more forms of virtual assets; iii) transfer of virtual assets; iv) safekeeping and/or administration of virtual assets or instruments enabling control over virtual assets; and v) participation in and provision of financial services related to an issuer’s offer and/or sale of a virtual asset.

A white paper is an informational document prepared by a company to promote a project it plans to launch, along with a description of its unique features and underlying technology.