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Law Commission of England and Wales Sees Crypto as a New Type of Property

Changing personal property law to cover crypto and NFTs could protect investors against losses through hacks and system failures, the commission says.

Updated May 11, 2023, 3:35 p.m. Published Jul 27, 2022, 11:01 p.m.
The U.K. Law Commission wants crypto and NFTs to be treated as personal property. (Reinaldo Sture/Unsplash)
The U.K. Law Commission wants crypto and NFTs to be treated as personal property. (Reinaldo Sture/Unsplash)