@biblo
The UK’s House of Lords has confirmed that the Property (Digital Assets etc) Bill has received Royal Assent, officially turning it into law.
The new legislation designates cryptocurrencies and stablecoins as personal property, creating a clear legal framework for ownership rights, asset recovery, and how such assets are handled in insolvency and inheritance matters. According to the UK’s financial regulator, about 12% of adults in the country held crypto as of last year.🔥
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