UK Legalizes Crypto as Property-But Will It Last?

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The United Kingdom, that enigmatic land of tradition and transformation, has woven digital assets into the tapestry of personal property, ending years of legal ambiguity. The Property (Digital Assets etc) Act 2025, a sonnet of legislation, received Royal Assent on December 2, now etched into the annals of law. 🌟

This act, a third category of property, legally protects holdings like BTC, that elusive specter, now priced at $93,036, its value a dance of numbers. 🧵 24h volatility: 6.5%-a heartbeat of chaos. Market cap: $1.86T, a titan’s wealth. Vol. 24h: $89.41B, a river of transactions. Stablecoins, too, now bask in this statutory glow. The old system of court rulings, inconsistent as autumn leaves, is replaced by clear rules for ownership, theft, and inheritance. Even bankruptcy and litigation now have their own verse. 💸

Advocacy groups, those modern-day troubadours, lauded the move on X: “Just stepped off stage from this fireside chat and WOW. Yesterday the UK officially recognized Bitcoin as property in law. A third category of property now exists and it finally gives legal protection to the sats you hold. 🧵 – Decentra Suze (@DecentraSuze) December 3, 2025″

How the UK Treated the Cryptocurrencies Earlier

Previously, UK courts treated digital assets as property under common-law precedents, a patchwork of rulings. This legislation solidifies that position, a beacon for the global crypto market. The change provides a firmer legal basis for recovering stolen assets and managing them in estate cases. Freddie New of Bitcoin Policy UK noted the law offers everyday users the legal certainty of conventional property. 🏛️

Bitcoin, that mercurial dancer, gained 6% over the past 24 hours. According to CoinMarketCap, it is trading at $92.9K at press time-yet another twist in the tale. 📈

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2025-12-03 17:21