Breaking: UK Grants Legal Clarity To Digital Assets With New Crypto Bill


Breaking: UK Grants Legal Clarity To Digital Assets With New Crypto Bill

  coingape.com 11 September 2024 22:57, UTC

The UK government has introduced a new bill in Parliament that provides legal clarity to the status of digital assets, including cryptocurrencies and non-fungible tokens (NFTs). The Property (Digital Assets etc) Bill, presented on 11 September, officially categorizes these assets as personal property under English and Welsh law.

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