UK Parliament proposes legislation to recognize digital assets as personal property

Gino Matos

The Law Commission of the United Kingdom (UK) Parliament introduced the Property (Digital Assets, etc.) Bill on Sept. 11 to recognize digital holdings legally. The proposed legislation deems crypto, non-fungible tokens (NFTs), and carbon credits personal property under British law. This marks the first time in British history that assets will be definitively included in […]

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UK Parliament proposes legislation to recognize digital assets as personal property