The Property Law Project (digital assets, etc.) aims to establish that things can be property, even if they do not meet the traditional definitions of property outlined in case law. The bill 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 specific category of things is property.

Detailed Audit

The reporting stage is an additional opportunity for members to closely examine the 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:

Recognizing digital assets as property

Guidelines on the characteristics of digital assets that grant property rights.