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UK Grants Legal Property Status to Crypto, Aligns with US Framework
The UK government has officially classified digital assets as property under national law. The UK crypto bill received royal assent and is now law. It confirms legal ownership rights over cryptocurrencies, stablecoins, and other digital assets. Parliament passed the Property (Digital Assets etc) Act after extended debate and legal uncertainty. The UK crypto bill gained approval in both Houses. King Charles confirmed the law by royal assent. Courts previously relied on rulings to settle digital asset disputes. Now, ownership rights are clearly stated in law. This change creates consistent protections for asset ... (full story)
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