Digital asset disputes: 2025 in review and what to expect in 2026

Lee Pascoe and the team at Norton Rose Fulbright explain that 2025 marked a decisive shift in digital asset disputes as courts and regulators across Australia and other major jurisdictions increasingly treated crypto as property, applied orthodox insolvency and fiduciary principles to token-based disputes, and intensified enforcement activity ahead of bespoke regulation, setting the stage for heightened litigation and regulatory clarity in 2026.