$BTC The UK Bill on Property (digital assets, etc.), currently under consideration in Parliament, aims to clarify the legal status of digital assets such as crypto-tokens and NFTs. It seeks to establish a "third category" of personal property under English law, recognizing that these assets do not clearly fit into existing definitions of tangible possessions or intangible "things in action." This bill aims to provide greater legal certainty and protection for individuals and businesses dealing with digital assets, fostering innovation and trust in the market while ensuring legal compliance with technological changes.
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