#UK #Officially Recognizes #Ethereum as Legal Property
The UK has officially recognized Ethereum and other digital assets as personal property under the new Property (Digital Assets etc) Act 2025, effective December 2. This law clarifies that #cryptocurrencies are a distinct category of property in #England , Wales, and Northern Ireland, strengthening protections for victims of theft or fraud. Courts can now freeze, trace, seize, and manage digital assets in bankruptcy cases, while financial institutions gain clear guidance for using crypto in lending and structured finance. This move further integrates Ethereum into the legal system and mainstream financial markets.
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