UK government

UK Bill Recognizes Digital Assets as Personal Property Under New Law

cryptosheadlines2 months ago01 mins

The UK Ministry of Justice has introduced the Property (Digital Assets etc) Bill to recognize bitcoin and other digital assets as personal property under English and Welsh law. Led by Justice Minister Heidi Alexander, this bill addresses legal uncertainties around digital assets, ensuring better protection for owners in fraud cases and disputes. It also positions…

UK Introduces Bill Clarifying Cryptocurrency as Personal Property

cryptosheadlines2 months ago03 mins

In a landmark development, the UK government has introduced a bill clarifying cryptocurrency as one’s personal property. Indeed, the new legislation officially introduced into parliament seeks to reestablish the legal status of crypto, NFTs, and tokenized assets. A press release from the government notes that the bill will help offer Bitcoin holders “greater legal protections,”…

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UK Bill Recognizes Digital Assets as Personal Property Under New Law

UK Introduces Bill Clarifying Cryptocurrency as Personal Property