#DigitalAssetBill DigitalAssetBill

The bill aims to remove uncertainty around digital assets not fitting into traditional categories of personal property, such as things in possession or things in action.

It confirms that digital assets, including crypto-tokens and non-fungible tokens (NFTs), can be recognized as personal property and can attract property rights.

However, the bill does not specify which digital assets fall into this third category or how they will be treated legally; these details will be developed by the courts on a case-by-case basis