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Digital assets’ legal status should be next UK government’s priority, lawmaker says

By Phoebe Seers ( June 13, 2024, 16:22 GMT | Insight) -- Legislation to clarify the legal status of digital assets should be a priority of the next UK government, lawmaker Chris Holmes said today. The Law Commission had published draft legislation on recognizing a new “third category” of personal property to more properly reflect the legal status of digital assets. However, with the Labour party silent on cryptoassets, the likelihood of legislative reform in the near future has been thrown into doubt.  Legislation to clarify the legal status of digital assets should be a priority of the next UK government, a lawmaker said today. ...

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