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What rights may be legally enforced in relation to cryptocurrencies, digital tokens, and smart contracts? What is the legal basis for enforcing any such rights? Are digital assets choses in possession, choses in action, or some third category of property?

This article provides an overview of the broad categories of cryptocurrencies, namely Virtual Currencies, Security Tokens, Utility Tokens and Asset Backed Tokens. Each category and its associated characteristics is considered in turn. Introduction When people speak of cryptocurrencies, the first thing that