Public Consultation on Digital Assets in Scotland: Have Your Say on Legislative Reforms

The Scottish Government has launched a public consultation on recognising digital assets as property under private law. Open until 5 February 2025, this initiative seeks to modernise Scottish law, fostering innovation while addressing legal challenges in the emerging digital economy.

Public Consultation on Digital Assets in Scotland: Have Your Say on Legislative Reforms

Shaping the Future of Digital Property: Scotland's Consultation on Digital Assets

The Scottish Government has embarked on a significant initiative to modernise its legal framework by addressing the growing prominence of digital assets in private law.

Through a public consultation open until 5 February 2025, Scotland seeks to redefine the status of digital assets as property, ensuring its laws align with the rapid evolution of technology and finance.

This consultation marks a prime moment in Scotland’s journey to embrace innovation while preserving its legal integrity.

Understanding the Consultation Goals

Digital assets, including cryptocurrencies, non-fungible tokens (NFTs), and other blockchain-based innovations, are revolutionising how we perceive and interact with property.

Read the full story

Sign up now to read the full story and get access to all posts for subscribers only.

Subscribe
Already have an account? Sign in

Great! You’ve successfully signed up.

Welcome back! You've successfully signed in.

You've successfully subscribed to Technology Law.

Success! Check your email for magic link to sign-in.

Success! Your billing info has been updated.

Your billing was not updated.