Blockchain technology and its various applications have been gaining momentum rapidly in recent years. With the ability to disrupt whole industries and multi-national corporations, regulators have become aware of its potential as much as being wary of its inherent risks.
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?