UK among first countries to recognise cryptocurrency as personal property

New law confirms digital assets like crypto tokens can be recognised as personal property

Victims of digital theft and fraud gain stronger protections as legislation passes through the final stages of Parliament

Part of Government’s Plan for Change for growth to boost the UK’s reputation as a global leader in legal innovation

Millions of crypto owners have gained stronger legal protection as the Property  (Digital Assets etc) Act received Royal  Assent  this week, in a boost to the UK legal services industry. 

England, Wales and Northern Ireland are among the first countries in the world to confirm in law that digital assets - such as cryptocurrency or non-fungible tokens - can now be recognised as personal property. This will provide greater protections and ensure they are treated lik