Quantcast

UK’s digital assets bill brings much-needed clarity to digital asset regulation

BTC Returns to Near $94K
Crypto in USA : Ripple gives 25 million $ to Fairshake to prepare for the 2026 elections
US dollar weakness, growing money supply could fuel Bitcoin 2025 rally
Binance partners with Bitcoin MENA 2024 as Moon sponsor
Crypto aid mortgage access for low-income households says Treasury report
Bitcoin ETFs hit new record with over $3.1B in weekly inflows
What is Bitcoin waiting for to break through $100,000? BTC's hesitation pushes traders towards this new project
Binance marks one year of leadership under new CEO
Bitcoin: Treat yourself to a volcano in El Salvador to mine BTC!
Bitcoin (BTC) Stake at MicroStrategy (MSTR) Grows to 386.7K After Latest Purchase
UK’s stringent crypto regulations spark debate as exchanges struggle to gain FCA approval
Polymarket Blocks French Traders Amid Gambling Inquiry
Gary Gensler announces his resignation for the inauguration of Donald Trump
FTX co-founder Gary Wang sentenced to time served
UK poised to unveil crypto regulations amid pressure to retain industry
Bitcoin in search of 100,000 $: A $400 million standoff
Trump's US-Propelled Crypto Adoption – Will France Follow?
MicroStrategy Upsizes Debt Offering to $2.6B; Breaks Into Top 100 U.S. Public Companies by Market Cap
Bitcoin on November 20 – BTC dominates the crypto market in this bull run
BIS study questions decentralization in DeFi liquidity provision
Bitcoin surges to record high near $95,000
Polish Presidential Candidate Bullish on Bitcoin – Following in Donald Trump’s Footsteps?
Cryptocurrencies: Goldman Sachs will dedicate its blockchain to institutional trading
Michael Saylor's MicroStrategy Added Additional 51,780 Bitcoin for $4.6B
Speculation looms over SEC leadership under Trump as rhetoric escalates
Outlier Ventures CCO: 'Fundamental crypto general-purpose technology' in off-chain sectors is 'interesting'
Bank of Russia revokes license of Corporate Finance Bank LLC
MANTRA CEO: 'We're obviously meant to be relatively agnostic' as a 'layer one blockchain'
Bitcoin blips down as Fed’s Powell says no ‘hurry to lower rates’
Chainalysis CRO: 'I think TradFi is coming to the blockchain'
UK’s digital assets bill brings much-needed clarity to digital asset regulation
Web3/Crypto
Webp 1
Heidi Alexander, Member of Parliament | UK Parliament

On November 6, the UK government issued an updated version of the Property (Digital Assets Etc.) Bill, clarifying its approach to defining digital assets, including crypto tokens, as recognized property under English law. The update aims to provide greater security and clarity for individuals and businesses engaging with digital assets.

The bill addresses the unique nature of digital assets, which do not fit within the traditional property classifications of “things in possession” or “things in action.” By allowing digital assets to be classified as property through established legal tests, the bill empowers courts to grant property rights on a case-by-case basis. This approach aligns with international standards, placing the UK among jurisdictions such as the United States and Singapore in offering a structured yet adaptable legal environment for digital assets.

A recent case involving Blockchain.com, a £5bn London-headquartered cryptocurrency firm, has underscored the need for regulatory clarity. The Telegraph reported that senior executives at Blockchain.com are currently facing prosecution for delayed account filings, highlighting the demand for transparent regulatory standards in the sector.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

Founded in 2011, Blockchain.com is a leading cryptocurrency wallet provider, but recent compliance issues emphasize the importance of clear and enforceable regulatory expectations—a goal addressed by the Property (Digital Assets Etc.) Bill.

“It is essential that the law keeps pace with evolving technologies and this legislation will mean that the sector can maintain its position as a global leader in cryptoassets and bring clarity to complex property cases,” said Heidi Alexander, UK Member of Parliament

This update follows efforts by global cryptocurrency firms to scale up compliance to meet evolving standards. In 2023, Binance invested $213 million to enhance its compliance infrastructure, including AI tools and a larger compliance team. Similarly, Coinbase has secured multiple country licenses and collaborates with regulators to uphold transparent, compliant practices.

The UK reinforces its common law approach through this bill update, enabling courts to evaluate each digital asset’s unique characteristics to determine if it qualifies as property.

Organizations Included in this History
More News

Changpeng Zhao, founder of Binance, said that a move for Fannie Mae and Freddie Mac to count bitcoin as a mortgage asset signals a shift in the American Dream.

Jul 7, 2025

Binance has announced the launch of PIXEL APR Boost Airdrop Rewards for the 11th project on BNSOL Super Stake, in collaboration with Pixels (PIXEL), a web3 game on the Ronin Network.

Jul 7, 2025

Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), said that public companies increased their bitcoin holdings more rapidly than exchange-traded funds (ETFs) in the second quarter.

Jul 5, 2025

CoinFlip, a global digital currency platform, has announced the launch of a new user interface for its CoinFlip Preferred service.

Jun 30, 2025

Gum Shoe, a crypto influencer, has highlighted the long wait times and high fees at Coinbase compared to better service at Binance as evidence of the need for increased competition among U.S. crypto exchanges.

Jun 23, 2025

Changpeng "CZ" Zhao, founder of Binance, said that practical education data from his Giggle Academy learning platform will connect young learners to job opportunities instead of focusing on degrees.

Jun 23, 2025