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Waiting for the Wind

强者的道路总是孤独的

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Bullish

Life has the hopeful waiting like looking through autumn waters, and there are also unexpected surprises #加密市场反弹 $BTC

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#DigitalAssetBill The Property (Digital Assets etc) Bill is a proposed law in the UK that aims to provide legal clarity and protection for digital assets, including cryptocurrencies, non-fungible tokens (NFTs), and other digital holdings. Here's what you need to know about the bill ¹ ² ³: - *Purpose*: The bill seeks to establish a third category of personal property, recognizing digital assets as a distinct type of property that doesn't fit into traditional categories of "things in possession" or "things in action". - *Key Provisions*: - *Legal Protection*: The bill would provide legal protection to owners of digital assets, including enforceable action in cases of fraud and theft, rights in disputes, and inclusion in bankruptcy and insolvency procedures. - *Clarification of Digital Assets*: The bill would clarify that digital assets can be considered personal property, providing clarity in complex cases involving digital holdings. - *Progress*: The bill was introduced in Parliament on September 11, 2024, and has undergone several stages, including second reading and committee stage. It's currently awaiting its third reading in the House of Lords. - *Impact*: The bill's passage could ¹ ³: - *Boost UK's Global Position*: Enhance the UK's position as a global leader in cryptoassets and fintech. - *Attract Business and Investment*: Reinforce the attractiveness of English law to international stakeholders in the digital asset industry. - *Provide Legal Certainty*: Give market participants legal certainty and clarity on digital asset ownership and rights.

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