Response to the Law Commission of England and Wales “Digital Assets - Call for Evidence”
21 Pages Posted: 24 Sep 2021
Date Written: July 27, 2021
Abstract
In this document, we respond to the Call for Evidence of the Law Commission of England and Wales regarding digital assets. We argue that the Law Commission's proposed criteria for possession create significant uncertainty for some types of digital asset, including security and utility tokens, domain names, digital files, and emails. We further encourage the Law Commission to consider the legal implications of its proposed reforms for post-mortem access to digital assets under succession law, so as to ensure that its approach will provide outcomes fit for the 21st century.
Keywords: Digital Assets, Property Law, Cloud Computing, Cloud Services, Customer Data, Information Ownership, Possession, Succession, Estate
JEL Classification: K1, K11, K36, O33, O34, P14
Suggested Citation: Suggested Citation