#DigitalAssetBill

The Property Bill (Digital Assets, etc.) was presented on September 11, 2024, for its first reading in the Houses of Parliament. The aim of the bill is to remove the restrictions that prevent digital assets from being recognized as personal property. It will provide greater clarity and certainty to the market regarding the legal status of digital assets in England and Wales, and will offer greater confidence that the UK government acknowledges the importance of keeping the law up to date with technological advancements.