Thursday, September 12, 2024

UK Parliament Introduces Bill to Recognize Bitcoin and Crypto as Personal Property

Good news! But the new law is so far only introduced and not yet passed!

"The UK Parliament has introduced the Property (Digital Assets etc) Bill today to officially and legally recognize Bitcoin, cryptocurrency, and other digital assets as personal property. With this new legislation, for the first time, British law would officially protect digital holdings such as Bitcoin and other cryptocurrencies, non-fungible tokens (NFTs), and carbon credits. ..."

UK Parliament Introduces Bill to Recognize Bitcoin and Crypto as Personal Property - Bitcoin Magazine - Bitcoin News, Articles and Expert Insights "The new legislation aims to provide legal clarity and protection for Bitcoin and digital asset owners."

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