UK Officially Declares Crypto as Legal Property
The United Kingdom has taken a major step forward in digital asset regulation with the passing of the Property (Digital Assets etc) Act, which formally recognises cryptocurrencies as property under UK law.
Before this legislation, courts could classify crypto as property only through individual rulings. Now, this new Act cements that status across the entire legal system, offering clearer protections and a more consistent framework for crypto ownership, transactions, and disputes.
This move marks a significant advancement for the UK’s digital asset landscape and strengthens legal certainty for investors, institutions, and developers operating in the crypto space.
