Home CryptocurrencyBitcoin UK Introduces Bill to Clarify Crypto’s Legal Status

UK Introduces Bill to Clarify Crypto’s Legal Status

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The bill will clarify that these assets are considered personal property under British law. Once enacted, it will give the legal profession guidelines to follow when there’s a dispute on ownership, such as during a divorce. It will also provide protection to crypto owners, whether individuals or companies, who are hit by fraud and scams.

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