UK government considers new legislation to classify digital assets as property, providing legal recognition

From Cointelegraph
September 11, 2024 1:14:14 pm:

The UK government is considering new legislation to classify digital assets as property under the law. This move would give legal recognition and protection to cryptocurrencies and other digital assets.
This proposed legislation aims to provide clarity and legal certainty for individuals and businesses dealing with digital assets in the UK.
If passed, this new law would establish a separate category for digital assets, recognizing them as valuable property with legal rights and protections.

Read more at Cointelegraph: UK gov’t introduces bill to clarify crypto’s legal status