#DigitalAssetBill

🇬🇧 United Kingdom: Property (Digital Assets etc.) Bill

Introduced in the House of Lords on 11 September 2024, this bill seeks to recognize digital assets—such as cryptocurrencies, NFTs, and carbon credits—as personal property under English law. The legislation aims to remove legal uncertainties, allowing owners to assert property rights over digital assets, which is crucial for addressing issues like theft, fraud, and disputes in legal proceedings.

🇺🇸 United States: Digital Asset Market Structure and Investor Protection Act (H.R. 5745)

Introduced in the House of Representatives on 27 September 2023, this bill proposes a comprehensive regulatory framework for digital assets and digital asset securities. It grants the Securities and Exchange Commission (SEC) authority over digital asset securities and subjects digital assets to anti-money laundering regulations under the Bank Secrecy Act. Additionally, the bill allows the Federal Reserve to issue digital currency, though such digital assets would not be considered legal tender.