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UK Bill Recognizes Digital Assets as Personal Property Under New Law

UK Bill Recognizes Digital Assets as Personal Property Under New Law


Bitcoin.com
2024-09-12 01:30:59

The UK Ministry of Justice has introduced the Property (Digital Assets etc) Bill to recognize bitcoin and other digital assets as personal property under English and Welsh law. Led by Justice Minister Heidi Alexander, this bill addresses legal uncertainties around digital assets, ensuring better protection for owners in fraud cases and disputes. It also positions


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