UK Legalizes Crypto: Cryptocurrency Now Recognized as Property Under New Law

The United Kingdom has formally recognized cryptocurrencies and stablecoins as personal property. The landmark Property (Digital Assets etc) Act 2025, receiving Royal Assent from King Charles III, establishes a new category of property rights applicable to digital assets like Bitcoin and non-fungible tokens. This legislation codifies existing court practices and provides legal clarity for consumers and investors in the ever-evolving world of crypto.