UK legislation recognizes cryptocurrencies and stablecoins as legally protected personal property.
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UK legislation recognizes cryptocurrencies and stablecoins as legally protected personal property.

UK legislation recognizes cryptocurrencies and stablecoins as legally protected personal property.

According to Cointelegraph, the UK has passed a bill on cryptocurrency property rights, which has been approved by the Royal Court. This bill legally recognizes cryptocurrencies, stablecoins, and other crypto assets as personal property, subject to relevant property laws.