[Updated 10.2023]

A digital asset is any asset that exists in digital form, such as a cryptocurrency, a non-fungible token (NFT), a digital stock, or a digital collectible.

A cryptocurrency is a specific type of digital asset that uses cryptography to secure its transactions and to control the creation of new units.

Here is a table that summarizes the key differences between digital assets and cryptocurrencies:

In short, all cryptocurrencies are digital assets, but not all digital assets are cryptocurrencies. Cryptocurrencies are a subset of digital assets that have specific characteristics, such as the use of cryptography and the existence on a blockchain.