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UK Bill Recognizes Digital Assets as Personal Property Under New Law

September 12, 2024
in Crypto/Coins
Reading Time: 1 min read
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UK Bill Recognizes Bitcoin and NFTs as Personal Property Under New LawThe UK Ministry of Justice has launched the Property (Digital Belongings and so forth) Invoice to acknowledge bitcoin and different digital belongings as private property underneath English and Welsh legislation. Led by Justice Minister Heidi Alexander, this invoice addresses authorized uncertainties round digital belongings, guaranteeing higher safety for homeowners in fraud instances and disputes. It additionally positions […]

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Tags: AssetsBILLBitcoincryptoCryptocurrencyDigitalDigital AssetsFraudglobal regulationheidi alexanderjustice ministerLawLaw Commissionlegal frameworkNFTsPersonalPropertyproperty lawRecognizesscamsUK economyuk government
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