#DigitalAssetBill #DigitalAssetBill The Digital Assets Ownership Bill aims to establish that things can be owned, even if they do not meet the traditional definitions of ownership specified in legal precedents. The bill is designed to clarify that assets such as cryptocurrencies, digital tokens, and non-fungible tokens can attract ownership rights. However, it does not state that any specific class of items constitutes ownership.

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 during the reporting stage proposed amendments (changes) to the bill on topics including:

Recognition of digital assets as ownership

Practice guidelines regarding the characteristics of digital assets that grant ownership rights

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