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The Property (Digital Assets etc) Bill
The Property (Digital Assets etc) Bill [HL] is a remarkably short, yet potentially significant piece of legislation currently under consideration by the UK Parliament. The Bill aims to provide greater legal certainty regarding the status of digital assets as property under English and Welsh law, particularly those that challenge traditional legal classifications. This note will…
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Bitcoin Ordinals 101
Ordinals are a system for numbering satoshis, the smallest unit of a Bitcoin, allowing individuals to track and trade them. The concept was created by software engineer Casey Rodarmor, and leverages the Bitcoin Taproot functionality to allow users to attach arbitrary data to satoshis, creating Bitcoin-native digital artifacts known as inscriptions. Ordinal theory does not…