In brief
- Digital assets have been formally recognised as personal property in UK law.
- Industry insiders welcomed clarity for ownership, recovery and innovation.
- The new bill arrives alongside other crypto‑related regulatory changes, including platform reporting requirements.
The UK has passed a bill formally recognising digital assets as property on Tuesday in a bid to provide greater legal clarity for courts dealing with cases related to crypto.
The Property (Digital Assets etc) Bill confirms that digital assets have the same legal status as traditional forms of property, a shift designed to protect ownership rights, inheritance claims and recovery efforts.
The bill will provide improved legal protections and clarity for Brits holding…
Dec 03 2025
