#DigitalAssetBill
The bill is designed to clarify that assets such as crypto-tokens, crypto-currency and non-fungible tokens could be capable of attracting property rights.
Though, it does not establish that any particular category of thing is property.
Recognizing digital assets as property
codes of practice on attributes of digital assets conferring property rights
conducting a review of the impact of digital assets being treated as property by virtue of the Act.
The bill having passed through the first and second reading. The third reading is scheduled to take place on Thursday 8 May, 2025. This will bring about the final amendment and adjustment of the bill.
While during the Second reading, the general debate on all aspects of the bill ( took place on 6 November and then taken formally in the House of Lords chamber ) on 13 November 2024.
