U.K. Officially Recognises Crypto as Property in New Digital Asset Law

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The United Kingdom has passed a law officially recognizing cryptocurrencies and other digital assets as personal property under a new law. For years, assets like Bitcoin, stablecoins, and NFTs existed in a legal grey area. 

Meanwhile, this new law removes uncertainty and supports the country’s growing digital economy.

U.K. Digital Asset Property Law Offers Clear Ownership Rights

According to the newly approved Property (Digital Assets etc) Act 2025, which received Royal Assent this week, crypto assets such as Bitcoin, stablecoins, and NFTs are now treated as a distinct category of personal property. 

This means they can be legally owned, recovered in theft cases, and passed on during inheritance or bankruptcy matters.

Until now, UK property law has only had two types of property:

• Things you can physically hold
• Things you have a legal right to, like debt or contracts

With this updated framework, users finally get clear protection over assets stored in wallets and controlled through private keys.

BREAKING: