UK Makes History: Bitcoin and Crypto Now Legally Recognized as Property
London shakes up finance—again. The UK just granted Bitcoin and crypto assets formal legal status as property, putting digital assets on par with real estate and stocks in the eyes of the law.
Why it matters: No more gray zone. Courts can now rule on crypto disputes with clear precedent, from exchange collapses to NFT ownership battles. Expect a flood of institutional cash—and ambulance-chasing lawyers.
The fine print: This isn’t a free pass. The ruling explicitly excludes crypto from being classified as 'money' or 'legal tender.' TradFi banks will still treat your Bitcoin holdings like radioactive contraband.
Bottom line: A watershed moment for crypto legitimacy… and a golden opportunity for tax authorities to finally track those 'lost' wallets. Funny how regulation always arrives when governments smell revenue.
Bitcoin and other digital assets have gained formal legal protection in the UK after King Charles III approved the Property (Digital Assets etc.) Act 2025. Specifically, the new law establishes a distinct category of property for digital tokens, separate from physical goods and contract-based rights.
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