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CoinGape

UK introduces new bill to define digital assets as personal property

CoinGape
Summary
Nutrition label

64% Informative

UK introduces a new bill in Parliament that provides legal clarity to the status of digital assets.

The Property (Digital Assets etc) Bill , presented on 11 September , officially categorizes these assets as personal property under English and Welsh law.

By establishing legal protections, the new bill provides a clear framework for addressing disputes and legal claims involving digital holdings.

VR Score

52

Informative language

49

Neutral language

42

Article tone

formal

Language

English

Language complexity

62

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links