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News Explorer — UK Legally Recognizes Cryptocurrency As Property

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Dec 3, 10:55 am
Coindesk

UK Legally Recognizes Cryptocurrency As Property

The UK has officially recognized cryptocurrency as property with the passing of the Property (Digital Assets etc) Act, establishing a new legal category for digital assets like cryptocurrencies and NFTs. This law aims to modernize property law to include ownership rights and protections for consumers and investors.

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