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 1783 contributions
Economy and Fair Work Committee [Draft]
Meeting date: 17 December 2025
Kevin Stewart
We have heard about the on-going legal arguments about whether new cryptocurrency is created with each transfer. Again, that relates to the complexity in this area that has been raised by some technologists.
You might want to bring in your team to speak about this, but I think that my very complicated question can probably be answered simply by saying that we are bringing all of this into property law.
Economy and Fair Work Committee [Draft]
Meeting date: 17 December 2025
Kevin Stewart
It will not surprise anyone to hear that, like the vast bulk of the public, I have not read any of the textbooks on Scots corporeal moveables.
I will be honest with you. During the morning, I have had a discussion on WhatsApp with some anoraks about the use of some of the buzzwords—I do not think that we can call them buzzwords; I will call them technical terms—that we have used today, including “rivalrousness” and “immutables”. None of that really matters to the folk out there, because the exercise that we are carrying out is simply to put digital assets into property law and to put protections in for people through our court system. It is that simple, is it not?
Economy and Fair Work Committee [Draft]
Meeting date: 17 December 2025
Kevin Stewart
Thank you.
Economy and Fair Work Committee [Draft]
Meeting date: 17 December 2025
Kevin Stewart
Again, a lot of questions have arisen from our evidence sessions, but they are not necessarily matters for the bill, which is a simple bill.
I will now move on to the confusing bits about transfers and corporeal moveables. The bill will treat digital assets as corporeal moveables for the purpose of acquisition and transfer, and that will create a body of case law to support decisions in the area. Some respondents to our call for views have highlighted risks, including in relation to involuntary transfer and on-going legal arguments about whether new cryptocurrency is created with each transfer. What work have the Scottish Government and your team done to scope out the impact of treating digital assets as corporeal moveables in that way?
Economy and Fair Work Committee [Draft]
Meeting date: 17 December 2025
Kevin Stewart
Would anyone on your team like to comment on that?
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 16 December 2025
Kevin Stewart
Mr Austin is signalling, so I will take him now.
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 16 December 2025
Kevin Stewart
Convener, I will leave it there, but I will point out that, with flood risk management in Scotland, Professor Curran delivered his part of a plan that has not delivered on the ground, and my fear is that we get too exercised by the climate change plan rather than the delivery.
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 16 December 2025
Kevin Stewart
Can I stop you, Jess? I recognise all the work you have done and I recognise that folk have become engaged, but that is a very small number of people.
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 16 December 2025
Kevin Stewart
But the market might make its decisions based on the fact that there are not many hydrogen refuelling stations at the moment. There are only three in Scotland, two of which are in Aberdeen and were out of action for a little bit. That in itself would have an impact, would it not?
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 16 December 2025
Kevin Stewart
Sorry. I think that you were cut off there.
Unless anybody else wants to come in on that, I will hand back to you, convener.