The UK officially recognizes crypto as a "third type of asset".

King Charles III has signed the Digital Assets Act 2025, categorizing Bitcoin and stablecoins into a distinct group of assets, completely separate from:

Tangible assets – real estate, vehicles, gold…

Traditional financial assets – bank deposits, stocks…

This move provides the UK with a clear legal framework to address crypto theft, ownership disputes, and bankruptcy cases related to digital assets.

At the same time, the Bank of England is consulting on a management framework for GBP-pegged stablecoins, preparing for future digital payment systems and narrowing the gap with the US in the crypto legal race.

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