UK Establishes Crypto as Legal Property Under New Digital Assets Act

In a significant move, the UK has officially classified cryptocurrencies as legal property through its new ‘Property (Digital Assets) Act 2025’, paving the way for increased adoption and clarity in the digital asset space. The Act provides a statutory framework for recognizing digital assets like cryptocurrencies, stablecoins, NFTs, and others as legally recognized property rights, marking a pivotal step forward for the industry.