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.
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