UK Legislation Recognizes Cryptocurrencies and Stablecoins as Legally Protected Personal Property

According to a report by Jinse Finance, as disclosed by Cointelegraph, the United Kingdom has passed a law related to the property rights of cryptocurrencies. The bill has received royal assent—officially recognizing cryptocurrencies, stablecoins, and other crypto assets as personal property at the legal level, and making them subject to property law regulations.