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Marian Datko ztU2
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#DigitalAssetBill The UK's Property (Digital Assets etc.) Bill legally recognizes digital assets like cryptocurrencies and NFTs as personal property. Introduced in September 2024, the bill ensures these assets are protected under English and Welsh law, even though they don’t fit traditional property categories. It aims to bring legal clarity for ownership, inheritance, and fraud cases involving digital assets. Rather than rigid definitions, it allows common law to evolve with technology. This move aligns the UK with global trends and supports innovation in digital finance, while an expert panel will guide legal understanding as new asset types emerge.
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