One recommendation the committee has put forward is to the definition of "cryptoasset". Some submitters suggested that the definition as contained in the bill could be problematic. With over 15,000 different types of crytoassets, the definition needs to be wide enough to cover those assets. The committee recommends removing the fungibility requirement from the cryptoasset definition. We agreed, on the committee, that the fungibility requirement could be ambiguous, as the intention was actually to exclude non-fungible tokens, and the changes in the revised track version of the bill reflect this intent better. 