UK Recognizes Cryptocurrency as Property
Update: 2025-12-03
Description
The United Kingdom has officially recognized cryptocurrency as property, marking a significant milestone in the digital asset space. The new Property Digital Assets Act, which received Royal Assent, introduces a third category for digital assets, including cryptocurrencies and NFTs. This move offers clearer ownership rights, stronger protections for consumers, and a much-needed framework for the growing digital economy.
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