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UK Recognizes Crypto and Stablecoins as Personal Property

UK Recognizes Crypto and Stablecoins as Personal Property

Author:

Global Cryptocurrency

Published:

2025-12-03 08:09:02

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BTCCSquare news:

The UK's Property (Digital Assets etc) Bill has officially become law after receiving Royal Assent, applying across England, Wales, and Northern Ireland. This landmark legislation establishes cryptocurrencies and stablecoins as a distinct FORM of personal property, creating a legal 'third category' that exists outside traditional classifications of tangible assets or claims.

The move provides crucial legal clarity for the estimated 12% of UK adults holding digital assets. Statute-backed recognition now supersedes previous reliance on case law, offering stronger protections for ownership disputes, theft recovery, inheritance planning, and bankruptcy proceedings involving crypto assets.

By:

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