🇬🇧 #المملكة_المتحدة officially recognizes cryptocurrencies and #البيتكوين as assets
The parliament has passed a new law granting #العملات_المشفرة and stablecoins the same legal status as traditional assets.
- It is now possible to own cryptocurrencies #bitcoin , inherit them, and recover them under British law.
- Industry groups say this law enhances investor protection and supports the UK's ambitions in digital finance.
- Regulators indicate that about 12% of adults in the UK own cryptocurrencies, a growing segment.
Industry leaders said: "This law provides digital assets with a clear legal framework, particularly for proving ownership or recovering tokens after fraud".
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