US EditionDigital Assets (Scotland) Bill
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The NEN - North Edinburgh NewsDigital Assets (Scotland) Bill
New law will provide greater legal clarity and support economic growth. Digital assets like Bitcoin will have greater legal clarity under new legislation that will help support Scotland’s growing financial technology sector. The Digital Assets (Scotland) Bill provides clear legal recognition that digital assets can be objects of property under Scots private law. This marks a significant step forward in helping to ensure Scotland’s legal framewor…
'Digital assets' like Bitcoin could become objects of property under Scots private law, according to new legislative proposals
Digital assets such as Bitcojn and other cryptocurrencies could become objects of property under Scots private law according to new legislation put forward by ministers. Ministers say the proposed Digital Assets (Scotland) Bill is to give ‘greater legal clarity’ under new laws that will help support Scotland’s growing financial technology sector. ‘Currently, businesses, investors, and individuals dealing with digital assets may choose to invest …
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