#DigitalAssetBill The UK’s proposed Property (Digital Assets etc.) Bill, introduced in September 2024, aims to legally recognize digital assets—such as cryptocurrencies, NFTs, and digital carbon credits—as personal property under English and Welsh law. This legislation establishes a third category of personal property, addressing assets that don't fit traditional classifications. The bill seeks to provide legal clarity, enabling courts to handle disputes involving digital assets more effectively and offering owners protections against fraud and theft. By aligning legal frameworks with technological advancements, the UK aims to solidify its position as a global leader in the digital asset space.