Odaily Planet Daily News The UK government has submitted a bill to Parliament regarding the legal status of digital assets such as cryptocurrencies, non-fungible tokens (NFTs), and tokenized real-world assets (RWAs). The bill will provide greater legal protection for owners of BTC and other digital assets. The bill introduces a new category of personal property called 'things', which will apply to certain digital assets. Once enacted, it will help the legal community determine ownership in disputes such as divorce and provide protection for cryptocurrency owners who fall victim to fraud and scams. (Coindesk)
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Odaily Planet Daily News The UK government has submitted a bill to Parliament regarding the legal status of digital assets such as cryptocurrencies, non-fungible tokens (NFTs), and tokenized real-world assets (RWAs). The bill will provide greater legal protection for owners of BTC and other digital assets. The bill introduces a new category of personal property called 'things', which will apply to certain digital assets. Once enacted, it will help the legal community determine ownership in disputes such as divorce and provide protection for cryptocurrency owners who fall victim to fraud and scams. (Coindesk)