#DigitalAssetBill

The Law on Property (digital assets, etc.) [HL] has recently undergone several updates. This law, which focuses on the legal status of digital assets in England and Wales, has gone through various stages of approval in the British Parliament, with the latest update occurring on April 28, 2025.

The legislation aims to ensure that digital assets, such as cryptocurrency tokens, are not excluded from legal protection simply because they do not fit into traditional categories of personal property. This move follows the recommendations of the Law Commission for England and Wales, which advocated for legal recognition that digital assets may be subject to property rights.

Do you think this is a necessary step for the future of digital assets?