The UK officially recognizes crypto as a "third type of asset".
King Charles III has signed the Digital Assets Act 2025, categorizing Bitcoin and stablecoins into a distinct group of assets, completely separate from:
Tangible assets – real estate, vehicles, gold…
Traditional financial assets – bank deposits, stocks…
This move provides the UK with a clear legal framework to address crypto theft, ownership disputes, and bankruptcy cases related to digital assets.
At the same time, the Bank of England is consulting on a management framework for GBP-pegged stablecoins, preparing for future digital payment systems and narrowing the gap with the US in the crypto legal race.
King Charles III has signed the Digital Assets Act 2025, categorizing Bitcoin and stablecoins into a distinct group of assets, completely separate from:
Tangible assets – real estate, vehicles, gold…
Traditional financial assets – bank deposits, stocks…
This move provides the UK with a clear legal framework to address crypto theft, ownership disputes, and bankruptcy cases related to digital assets.
At the same time, the Bank of England is consulting on a management framework for GBP-pegged stablecoins, preparing for future digital payment systems and narrowing the gap with the US in the crypto legal race.