Digital Assets (Scotland) Bill

The rapid development of digital assets and digital currencies has meant that many legal systems, including Scotland’s, have struggled to keep up, writes Andrew Foyle. The application of 17th century principles to modern blockchain technology has exposed gaps in the way that ownership and poss

A Bill that would recognise certain digital assets as property in the eyes of the law has been supported by a Holyrood committee. In a report out today, the Economy and Fair Work Committee recommends the Scottish Parliament agrees the general principles of the Digital Assets (Scotland) Bill. The Bil

The Scottish Parliament’s Economy and Fair Work Committee has launched a call for views on the Scottish Government’s Digital Assets (Scotland) Bill. The proposed legislation which aims to recognise digital assets as property in the eyes of the law will be scrutinised by a Holyrood Commit

Digital assets like Bitcoin will have greater legal clarity under new legislation introduced at Holyrood. The Digital Assets (Scotland) Bill aims to provide clear legal recognition that digital assets can be property in Scots law. The new legislation creates "robust" legal foundations around digital