Crypto Assets as Property and The Use of Stable coins In Australia

Adrian McCullagh

Abstract

The intersection of crypto assets and property law represents one of the most significant legal and technological developments of our time. The recent development of crypto assets and their continued advancement will challenge lawyers and policy makers for the foreseeable future. Crypto assets, also known as cryptocurrencies or digital assets, represent a revolutionary form of digital value that exists exclusively in electronic form on decentralised networks called distributed ledgers with the most notable being blockchains. Unlike traditional currencies issued and controlled by central banks, crypto assets operate on distributed ledger technology—a system where transactions are recorded across multiple distributed ledgers simultaneously, creating a transparent and immutable record of ownership and transfer.

Keywords

Crypto Assets, Cryptocurrencies, Stablecoins, Property Law, Digital Assets, Tokenisation, Real World Assets, Blockchain, Distributed Ledger Technology, Legal Classification, Real Property Transactions, Asset Backing, Regulatory Framework, Australia.

Corresponding Author

Adrian McCullagh, Principal Lawyer at ODMOB Lawyers, Australia.

Citation

McCullagh, A. (2026). Crypto Assets as Property and The Use of Stable coins In Australia. J Digi Assets Monetary Res. 1(1), 01-22.