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UK Recognizes Cryptocurrencies as Property Under New Law

UK Recognizes Cryptocurrencies as Property Under New Law

Author:

Global Cryptocurrency

Published:

2025-12-03 11:21:01

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BTCCSquare news:

The UK has amended its property law to formally recognize cryptocurrencies and digital assets, granting them the same legal protections as traditional property. The Property Bill, now ratified by King Charles, establishes a third category of personal property for digital assets—resolving a longstanding gap in English and Welsh law that previously only recognized physical possessions and intangible rights.

The reform simplifies ownership disputes and stolen asset recovery for crypto holders. Freddie New of Bitcoin Policy UK hailed the move as a watershed moment for Bitcoin users, noting it brings clarity to an asset class that previously existed in legal limbo.

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