UK Law Commission Seeks To Classify Cryptocurrencies As "Property" In New Draft Bill

A proposed UK law would officially define cryptocurrencies as a distinct form of property. This move seeks to create greater legal certainty, bolstering protections for holders of digital assets. The Law Commission of England has launched a consultation exercise on the bill, drawing from recent court cases involving crypto. The post UK Law Commission Seeks To Classify Cryptocurrencies As “Property” In New Draft Bill appeared first on Cryptonews.