Property (Digital Assets etc) Bill [HL] Special Public Bill Committee

LordsOtherest. 18 Nov 2024Email ↗● Actively Monitored
Sessions analysed3
Commitments1
Positions11
Recommendations6

Latest Signals

26 Nov 2024Digital assets are not just crypto and need a separate categoryUniversity of Bristol and D2 Legal TechnologyPosition
[Speaker: Professor Sarah Green] When this Bill has been referred to, particularly in the media, it has been called the crypto Bill. There is an idea that it applies only to cryptocurrencies like bitcoin, which is one I am sure everybody has heard of. Although it potentially applies to those sorts of assets, it is broader than that. There are types of assets now that are completely new creatures as far as law is concerned, which includes tokens and digitised securities.
26 Nov 2024Concern about retroactivity and temporal disputesUniversity of Bristol and D2 Legal TechnologyConcern
26 Nov 2024Committee worries the Bill may invite fresh boundary disputesUniversity of Bristol and D2 Legal TechnologyConcern
26 Nov 2024Electronic Trade Documents Act aligns with the BillUniversity of Bristol and D2 Legal TechnologyLegislative
26 Nov 2024Bill creates an unlocking provision for digital assetsUniversity of Bristol and D2 Legal TechnologyLegislative
26 Nov 2024Professor Green rejects treating digital assets as choses in actionUniversity of Bristol and D2 Legal TechnologyDisagreement

Recent Sessions

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12 Dec 2024Property (Digital Assets) Bill: purpose and drafting
3 pos3 concern2 rec1 disag1 leg
05 Dec 2024Property (Digital Assets) Bill: certainty and scope
5 pos5 concern3 rec1 disag1 leg
26 Nov 2024Property (Digital Assets) Bill: property rights and scope
1 commit3 pos2 concern1 rec1 disag2 leg

Recent Commitments

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Recent Recommendations

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Frequent Witnesses

University of Bristol and D2 Legal Technology1× · 7 insights
Baker & McKenzie LLP; City of London Law Society1× · 4 insights
Lawrence Stephens Ltd1× · 4 insights
3VB1× · 4 insights
University of Cambridge1× · 3 insights
Ministry of Justice1× · 3 insights

About this committee

This Special Public Bill Committee in the House of Lords examines the Property (Digital Assets etc) Bill, which addresses the legal status and ownership of digital assets within property law frameworks. The committee operates as a temporary body convened specifically to scrutinise this bill during its passage through the Lords, holding public sessions to take evidence from stakeholders and experts. As a Special Public Bill Committee, it combines the detailed line-by-line examination typical of standing committees with the flexibility to hear from witnesses on matters of public concern. The committee's work focuses on clarifying how digital assets integrate into existing property law, with particular attention to questions around ownership rights, inheritance, and the protection of digital property in disputes. Members examine how the bill's provisions affect individuals, financial institutions, and technology providers who deal in or hold digital assets. The committee produces reports and recommendations to inform the bill's progression through the Lords and its eventual consideration in the Commons.