UK Law Now Defines Crypto as Personal Property: All You Need to Know

The UK government has proposed a new bill to be presented before the Parliament for the classification of crypto assets as personal property. This bill, if approved, will regulate digital assets including cryptocurrencies and NFTs, as a new class of property. It seeks to offer the owners of cryptocurrencies enhanced legal safeguard against fraud as […] source: https://www.thecoinrepublic.com/2024/09/12/uk-law-now-defines-crypto-as-personal-property-all-you-need-to-know/