#DigitalAssetBill

#DigitalAssetBill United Kingdom: Property (Digital Assets etc.) Bill

The UK House of Lords recently concluded further examination of the Property (Digital Assets etc.) Bill. This legislation seeks to clarify that digital assets, such as cryptocurrencies and non-fungible tokens (NFTs), can be recognized as property under UK law, thereby providing legal certainty for ownership and transactions involving digital assets.

North Carolina's House of Representatives passed the Digital Assets Investment Act (HB92), permitting the State Treasurer to invest up to 10% of state funds in qualified digital assets. The bill also proposes exploring the inclusion of digital assets in state employee retirement plans and establishing a state-run reserve for seized or forfeited crypto assets.