By Hamza Fareed Malik The Law Commission of England and Wales today published new proposals to reform the law around digital assets like crypto. The Commission highlighted the increasing importance of crypto and its numerous uses as it considered the principles of private law and private property law relating to digital assets in a consultation paper. The Commission suggested recognising digital assets like cryptocurrencies as a new, distinct form of property known as “data objects.” This would be separate from things in possession such as physical assets like gold and things in action, like s…