Tag: regulations
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United Kingdom Officially Recognizes Altcoins as Personal Property: Historic Legislation Strengthens Legal Protections and Asset Recovery
The United Kingdom Parliament has enacted landmark legislation establishing comprehensive legal recognition of altcoins and digital assets as personal property, fundamentally transforming how UK law addresses cryptocurrency ownership, inheritance, and asset protection. The Property (Digital Assets etc.) Bill represents a watershed moment for altcoin legal status—moving beyond regulatory ambiguity to establish clear categorization of Bitcoin , stablecoins, and other digital assets…