#DigitalAssetBill #DigitalAssetBill #DigitalAssetBill The draft law on ownership (digital assets, etc.) aims to establish that things can be property, even if they do not meet the traditional definitions of ownership set forth in case law. The draft is designed to clarify that assets such as cryptocurrencies, digital tokens, and non-fungible tokens can be capable of attracting property rights. However, it does not stipulate that any particular category of things is property.
Detailed Audit
The reporting stage is an additional opportunity for members to closely examine elements of the draft law and make changes.
Proposed Changes
Members who spoke in the reporting stage proposed amendments (changes) to the draft law on topics including:
Recognition of digital assets as property
Codes of practice regarding the characteristics of digital assets that confer property rights
Conducting a review of the impact of treating digital assets as property under the law.