Can the rights of a digital asset owner be overridden in the absence of a testamentary gift expressed via a will? Typical examples of digital assets as already alluded are audios, videos, social media communications, passwords and virtual bank accounts. The Rules characterise digital assets as a “digital token that represents assets such as a debt or equity claim on the issuer”. They also establish a quintet of regulatory guidance within the operational context of digital assets regarding 1.) This addresses the poser on who assumes the privacy rights – relative to digital assets – exercisable by the deceased in his life time.

Source: The Guardian June 21, 2023 15:47 UTC