UK Formally Recognises Crypto as Property in Landmark Digital Assets Act
- UK introduces a third legal category to formally classify digital assets as property, improving ownership certainty and legal protections.
- Courts will now benefit from updated legislation supporting fraud recovery, inheritance, and insolvency processes.
- Reform aligns with broader UK regulatory efforts, including stablecoin oversight and innovation support in digital finance.
Digital assets such as Bitcoin and stablecoins are now formally recognised as property in the United Kingdom after a new law received Royal Assent this week. The Property (Digital Assets etc) Act 2025 is intended to give clear ownership rights to holders of digital tokens, bringing them in line with existing kinds of personal…
