#DigitalAssetBill DigitalAssetBill The Digital Assets Bill is a proposed law that aims to clarify the property rights of digital assets, such as cryptocurrencies and non-fungible tokens (NFTs). Here's what you need to know:
Key Provisions
- *Third Type of Property*: The bill proposes to establish a third type of property, in addition to "things in possession" and "things in action", to accommodate digital assets that don't fit into traditional property categories.
- *Clarifying Property Rights*: The bill aims to provide clarity on property rights for digital assets, making it easier to resolve disputes and settlements involving these assets.
- *Inclusion of Crypto-Assets*: The bill specifically mentions crypto-tokens, cryptocurrency, and NFTs as examples of digital assets that could be considered property ¹.