Description

Opened consultation on Property (Digital Assets etc) Bill (HL Bill 31)

On 19 November 2024, the Special Public Bill Committee launched a consultation on the Property (Digital Assets etc) Bill until 20 December 2024. The Bill aims to clarify the legal status of digital assets such as Bitcoin, non-fungible tokens, and carbon credits under English and Welsh law. The consultation seeks evidence on the necessity and effectiveness of the Bill, its potential negative consequences, possible improvements, and whether it should have a retroactive effect. The consultation seeks input from individuals and entities involved in the management, trading, and ownership of digital assets.

Original source

Scope

Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central government

Complete timeline of this policy change

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2024-09-11
under deliberation

On 11 September 2024, the UK government has introduced the Property (Digital Assets etc) Bill in Pa…

2024-11-19
in consultation

On 19 November 2024, the Special Public Bill Committee launched a consultation on the Property (Dig…

2024-12-20
processing consultation

On 20 December 2024, the Special Public Bill Committee closes a consultation on the Property (Digit…

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