The U.K. government introduced a bill to Parliament touching on the legal status of digital assets including cryptocurrencies, NFT’s and RWAs.

September 12, 2024

The bill will clarify that these assets are considered personal property under British law. Once enacted, it will give the legal profession guidelines to follow when there’s a dispute on ownership, such as during a divorce. It will also provide protection to crypto owners, whether individuals or companies, who are hit by fraud and scams.

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The U.K. government introduced a bill to Parliament touching on the legal status of digital assets including cryptocurrencies, NFT’s and RWAs.

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