To American lawyers it has been fairly obvious that digital assets are “property” for legal purposes, but the English have not been so sure.
In fact, England has been so not sure that recently it felt compelled to introduce legislation to help resolve the point. And yet even then, this proposed legislation would not actually confirm that digital assets constitute “property,” but rather just provide that it is not out of the question that they might.
Robert A. Schwinger explores recent developments in this edition of his New York Law Journal Blockchain law column.
Download the full New York Law Journal article, "Will England accept that digital assets are ‘property’?."
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