<ul><li>The UK government has introduced a new bill in Parliament to define digital assets, including Bitcoin and NFTs, as personal property.</li><li>The legislation aims to create a tertiary category of personal property, which would extend legal protection to digital assets.</li><li>The bill seeks to legalize various forms of digital assets, strengthen safeguards for asset owners, and provide guidance for judges in cases involving digital assets.</li><li>This initiative puts the UK at the forefront of legally recognizing digital assets, potentially giving it a competitive advantage in the global crypto industry.</li></ul>

New UK Legislation to Define Bitcoin and NFTs as Personal Property

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