UK Legalizes Crypto: Digital Assets Now Recognized as Property

The UK has taken a significant step towards legal clarity within the cryptocurrency world, officially recognizing digital assets like Bitcoin and Ethereum as property under the new ‘Property (Digital Assets etc) Act 2025.’ This landmark legislation, signed by King Charles III after passing through parliament, removes existing legal ambiguities surrounding crypto ownership. This action is anticipated to boost market confidence by providing a stable legal framework for institutional investors to enter the UK cryptocurrency space. It will also facilitate legal remedies in case of disputes over digital asset holdings.