Definition ∞ A property rights framework is the overarching legal structure that defines the rights and responsibilities associated with owning and controlling assets. For digital assets, this framework specifies how virtual assets are legally recognized, transferred, and protected. A robust framework provides essential clarity for owners, investors, and regulatory bodies.
Context ∞ Establishing a clear property rights framework for digital assets is a fundamental step towards their broader acceptance and integration into the global economy. Many jurisdictions are actively developing or refining their legal systems to accommodate the unique attributes of cryptoassets. This work aims to reduce legal uncertainty and support the secure and efficient operation of digital asset markets.