Description

Since 2018, the UK Law Commission has been working on issues at the intersection on law and technology, of which perhaps the most notable output is its work on digital assets. The Commission’s work has led to the publication of several important reports and recommendations, culminating in the Property (Digital Assets etc) Bill 2024. Beyond legislative reform, the Commission’s proposals have garnered significant influence in the English courts, and it is only a matter of time before they fall to be considered by the Singapore courts. Yet, prominent academic commentators have critiqued the Commission’s proposals for inconsistency with fundamental concepts in property law. This seminar will review the state of play and critically evaluate the Commission’s recommendations relating to the proprietary nature of cryptoassets and the concept of “control”.