The UK Argues Crypto Is a New Type of Property
The Breakdown
00:00
Crypto and Data Objects - A New Category of Personal Property
The law commission of england and wales has sed a 500 plus page paper about how property rlates relate to bitcoin and other digital assets. The u k. Law commission says the government should consider creating a new category of property law to accommodate crypto, a move that would set an international standard for how digital assets fit into traditional legal structures. This could make it easier for courts to decide ownership over digital assets. Lawyers also say it's arguable that courts should be allowed to award remedies in crypto. If english law becomes the standard for others to follow, it'll go a big way to realizing riche's global hub tegy. And if you trade nfts on f t x
Play episode from 07:11
Transcript
