On Sept. 11, the UK government introduced the “Property (Digital Assets) Bill,” which means that digital holdings, including cryptocurrency, non-fungible tokens (NFTs) such as digital art, and carbon credits, can be considered personal property under the law. Previously, digital assets were not definitively included in the scope of British property law, “leaving owners in a legal grey area if their assets were interfered with,” it stated. The announcement continued to state that the new law will also give legal protection to digital asset owners and companies against fraud and scams.
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