Crypto Gets Legal Recognition: UK Enacts Property Act 2025 For Digital Assets
The United Kingdom (UK) has reached a significant milestone in its approach to digital assets with the recent passage of the Property Act 2025, which now officially categorizes cryptocurrencies as legal property. UK’s New Law Sets Criteria For Digital Assets The creation of this dedicated legal category for digital assets followed recommendations from the Law […]
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Solana Mobile’s push into decentralized mobile technology is approaching a new chapter, with the company confirming that its SKR token will launch in January 2026. The token is meant to anchor the Solana Seeker ecosystem, supporting governance, staking, rewards, and developer incentives. Related Reading: Crypto Gets Legal Recognition: UK Enacts Property Act 2025 For Digital […]
The U.K. Law Commission called for cryptocurrencies and digital assets to be classed as “data objects” in new reforms aimed at fostering growth and legal protection. The Law Commission of England and Wales is proposing a number of law reforms to provide wider recognition and legal protections for cryptocurrency and digital asset users.The institution is reviewing existing legislation on digital assets at the request of the British government in an effort to accommodate the space as it continues to grow in reach and use. The Law Commission announced the call for public consultation from....
Cryptocurrency has long been a contentious subject in China, with the government imposing strict regulations and outright bans on various aspects of the industry. However, a recent report from China’s People’s Court challenges this historical stance, offering newfound recognition to virtual assets as legal property. In a significant departure from conventional policy, the report titled […]
The proposal from England’s Law Commission outlines a new form of property for digital assets, custodial operations, and a framework for legal proceedings.