Crypto Assets And Related Digital Developments
From Open Risk Manual
Definition
Crypto Assets And Related Digital Developments. In the context of the Financial Competence Framework, Crypto Assets And Related Digital Developments is a topic in the Planning And Managing Finances subject matter domain.[1]
Competences
Mastering the role of Crypto Assets And Related Digital Developments in financial literacy context requires the following competences:
| Code | Competency Description | Competency Type |
|---|---|---|
| 210 | Aware of the existence of different types of crypto-assets and has a basic understanding of how to access and exchange them | Knowledge |
| 211 | Aware of risks related to using crypto-assets for payment or investment purposes, and of the risks related to “crypto exchange platforms” (such as technological or other risks), which can have significant financial consequences | Knowledge |
| 212 | Aware that scams related to crypto-assets occur frequently, often trying to attract potential victims by promising high expected returns | Knowledge |
| 213 | If relevant, knows how to use different types of crypto-assets safely and in compliance with applicable law | Skill |
| 214 | Keeps abreast of developments related to emerging technologies relevant for financial products and services | Attitude |
References
- ↑ European Union/OECD (2022), Financial competence framework for adults in the European Union
