Property


Policy

UK Passes Law Formally Recognizing Crypto as Property

The Property (Digital Assets etc) Act received Royal Assent on Tuesday, the final step of an act becoming law after being passed by the U.K. Parliament.

The UK government wants to regulate crypto like finance, not gambling (Ugur Akdemir/Unsplash)

Policy

England's Law Commission Seeks Views on Draft Legislation to Label Crypto as Property

The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.

UK United Kingdom British England Flag (Unsplash)

Finance

USDR Issuer to Salvage Failed Property-Backed Stablecoin’s Assets, ‘Make Users Whole’

A high-profile failure in crypto’s burgeoning “real-world assets” niche may be about to offer some relief to investors.

real estate, hong kong

Policy

NFTs Can Be Considered Property, According to Singapore High Court Ruling

The judge issued this ruling as an explanation for the injunction he granted in May preventing any potential sale of a Bored Ape NFT.

Singapore (Shutterstock)

Markets

US Luxury Penthouse Sells for Record-Breaking $22.5M in Crypto

As per confidentiality agreements, the buyer and the type of cryptocurrency used to make the purchase have not been revealed.

Miami Beach (Antonio Cuellar/Unsplash)

Markets

Canadian Property Firm Buys Bitcoin in Hopes of Eventually Scrapping Condo Fees

The firm bought 0.4 bitcoin and plans to buy more every month.

canadian flags

Policy

Liechtenstein Regulators Approve Ethereum-Based Real Estate Fund

The fund enables investors to gain exposure to a global real estate portfolio through a ERC-20 security token.

Liechtenstein castle image via shutterstock.

Finance

Chrysler Building Owner Sells Stake in Zurich Property for ERC-20 Tokens and Cash

Property firm RFR Holdings accepted a 20 percent stake of the purchasing price in digital securities based on ethereum tech.

Bahnhofstrasse, Zurich. Credit: Shutterstock

Markets

BitFlyer, Sumitomo Aim to Wrap up the Property Rentals Business With a Blockchain App

BitFlyer Blockchain and Japanese business giant Sumitomo Corporation will develop a blockchain app allowing users to sign rental contracts and more.

Credit: Shutterstock