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The UK will introduce a bill to clarify the legal status of encryption assets
The United Kingdom government has submitted a bill to parliament on the legal status of digital assets such as cryptocurrency, non-fungible tokens and tokenized real-world assets (RWA). The bill would provide greater legal protection for owners of BTC and other digital assets. The bill introduces a new category of personal property, "things", which will apply to certain digital assets. Once enacted, it will help the legal profession determine ownership in disputes such as divorce and provide protection to Cryptocurrency owners who have suffered scams and frauds. （Coindesk）