#DigitalAssetBill which makes them different from other data. However, they do not easily fit into either traditional category of personal property. Because they cannot be physically possessed, they do not fall into the category of things in possession. However, they also cannot be things in action because their existence is not dependent upon their recognition by a legal system and claims made in relation to them.

Although there is some case law in the High Court that has found that certain digital assets, specifically crypto-tokens, can be property even if they are neither a thing in possession