#DigitalAssetBill #DigitalAssetBill The proposed property law (digital assets, etc.) aims to establish that things can be property, even if they do not meet the traditional definitions of property as outlined in case law. The bill is designed to clarify that assets such as cryptocurrencies, digital tokens, and non-fungible tokens can attract property rights. However, it does not stipulate that any specific category of things is property.

Detailed Audit

The reporting stage is an additional opportunity for members to closely examine elements of the bill and make changes.

Proposed Changes

Members who spoke at the reporting stage proposed amendments (changes) to the bill on topics including:

Recognition of digital assets as property

Practice guidelines on the attributes of digital assets that confer property rights

Conducting a review of the impact of treating digital assets as property under the law.