The Official Report is a written record of public meetings of the Parliament and committees.
All Official Reports of meetings in the Debating Chamber of the Scottish Parliament.
All Official Reports of public meetings of committees.
Displaying 1659 contributions
Economy and Fair Work Committee [Draft]
Meeting date: 10 December 2025
Daniel Johnson
What do you think the potential consequences of that are?
Economy and Fair Work Committee [Draft]
Meeting date: 10 December 2025
Daniel Johnson
Greg McLardie, you were referenced, so I will turn to you next. First, the committee has noted that the bill seems to have cryptocurrencies and other such things in mind, yet we have a broad and expansive definition that is certainly not limited to those things. Is that a fair characterisation? Secondly, what are your thoughts in reference to what Professor Robbie has just set out?
Economy and Fair Work Committee [Draft]
Meeting date: 10 December 2025
Daniel Johnson
That is a really useful question.
Economy and Fair Work Committee [Draft]
Meeting date: 10 December 2025
Daniel Johnson
I am sorry to intervene, but you have touched on some of the points that some of my colleagues might bring up on tokenisation. Thank you very much for those remarks, but I want to bring in Professor Schafer, and I then want to return to the points around terminology—particularly whether the terms “rivalrousness” and “immutability” are well understood.
Professor Schafer, do you have any thoughts on the overall approach? Given that I have flagged that I will ask about those novel concepts, do you also have any contributions on those?
Economy and Fair Work Committee [Draft]
Meeting date: 3 December 2025
Daniel Johnson
With that, we have come to the conclusion of our questions. I thank our witnesses for their very insightful contributions. You have given us yet more to think about—I am not sure that we are entirely thankful for that. We will go away and contemplate your evidence during our deliberations.
12:23 Meeting continued in private until 12:42.Economy and Fair Work Committee [Draft]
Meeting date: 3 December 2025
Daniel Johnson
I will ask another question before I bring in colleagues. I assume that, from your perspective, the purpose of the bill is to facilitate transactions—that is, it needs to capture that digital assets are things that can be owned and therefore can form part of interpersonal or commercial transactions, although I would guess that the transactions will be more in the latter domain. Is that the correct way to understand where the usefulness of the bill lies? To what extent is some of that already happening, both broadly and particularly within the Scots law jurisdiction?
Economy and Fair Work Committee [Draft]
Meeting date: 3 December 2025
Daniel Johnson
There is centralised control.
Economy and Fair Work Committee [Draft]
Meeting date: 3 December 2025
Daniel Johnson
Mr Gray, I will bring you in, given that you work for a firm that specialises in commercial law. Do you agree with those points? Does the bill do what it needs to do in order to capture ownership, or is it missing elements, as we have just heard?
Economy and Fair Work Committee [Draft]
Meeting date: 3 December 2025
Daniel Johnson
Good morning, and welcome to the 34th meeting in 2025 of the Economy and Fair Work Committee. This morning we will continue our evidence-taking sessions on the Digital Assets (Scotland) Bill with two panels. The first panel comprises Professor William Buchanan, director, and Peter Ferry, chief executive officer, both of the Scottish Centre of Excellence in Digital Trust and DLT; and Jamie Gray, partner, financial services regulatory team, at the solicitors firm Burness Paull LLP. We have received apologies from Sarah Boyack, Murdo Fraser and Stephen Kerr.
We will go straight to questions, if that is acceptable to the witnesses. The Digital Assets (Scotland) Bill is a short bill that brings digital assets within the scope of objects of property in Scots law. Does the bill adequately capture the definition? Will that be useful and usable, given the scope of current uses—and of potential future uses—of digital assets? Who would like to answer that question? Professor Buchanan, you seem to be trying to catch my eye.
Economy and Fair Work Committee [Draft]
Meeting date: 3 December 2025
Daniel Johnson
You mentioned that there is a difference between permissioned and non-permissioned ledgers. Is that the same thing as your point about consensus?