#DigitalAssetBill #DigitalAssetBill

This brief bill explains that certain digital assets, such as encrypted tokens, can be considered property, even if they do not fall within the traditional categories of personal property under English and Welsh law.

This will help provide certainty and protection for individuals and businesses that own and trade these assets.

What does the bill do?

The bill confirms that certain digital assets - such as encryption tokens - can attract property rights even if they do not fall within the traditional categories of personal property under English and Welsh law (please see details in the policy context section below).