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UK parliament recognizes Bitcoin and digital assets as personal property

UK parliament recognizes Bitcoin and digital assets as personal property

The UK Parliament has introduced the Property (Digital Assets etc.) Bill today to officially and legally recognize Bitcoin $57,732.86, cryptocurrencies, and other digital assets as personal property. This new law will, for the first time, formally protect digital assets such as Bitcoin, cryptocurrency, non-fungible tokens (NFTs), and carbon credits under English law, News.Az reports citing Cointurk news.
Parliaments
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