Did you have any financial interest in a digital asset in 2023?

[eposton]

I am a little confused with the "YES" I did not do any of the following in 2003:

*Received as a reward or award a Digital Asset 

*Received a Digital Asset as payment for property or services

*Sold a Digital Asset

*Exchanged for another digital asset, other property or cash

*Or otherwise dispose of a Digital Asset

However, If you select "NO" I did none of the above with digital assets (or a financial interest in a digital asset) in 2023?

None of the "YES" topics applies to me.  However "NO", I did none of the above with digital assets.  What is the meaning of financial interest in a digital asset?  I have purchased cryptocurrency and held it.  

[JamesG1]

A financial interest in digital assets mean you have digital assets as an investment.

The IRS Digital Asset website here states:

Normally, a taxpayer who merely owned digital assets during 2022 can check the "No" box as long as they did not engage in any transactions involving digital assets during the year. They can also check the "No" box if their activities were limited to one or more of the following:

• Holding digital assets in a wallet or account;
• Transferring digital assets from one wallet or account they own or control to another wallet or account they own or control; or
• Purchasing digital assets using U.S. or other real currency, including through electronic platforms such as PayPal and Venmo.

Engaging in any transactions involving digital assets refers to the list above where you would answer Yes.

• Received digital assets as payment for property or services provided;
• Transferred digital assets for free (without receiving any consideration) as a bona fide gift;
• Received digital assets resulting from a reward or award;
• Received new digital assets resulting from mining, staking and similar activities;
• Received digital assets resulting from a hard fork (a branching of a cryptocurrency's blockchain that splits a single cryptocurrency into two);
• Disposed of digital assets in exchange for property or services;
• Disposed of a digital asset in exchange or trade for another digital asset;
• Sold a digital asset; or
• Otherwise disposed of any other financial interest in a digital asset.