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UK Introduces Bill to Clarify Cryptos Legal Status

UK Introduces Bill to Clarify Cryptos Legal Status
© Copyright Image: CurrencyCrypt

The bill will clarify that these assets are considered personal property under British law. Once enacted, it will give the legal profession guidelines to follow when theres a dispute on ownership, such as during a divorce. It will also provide protection to crypto owners, whether individuals or companies, who are hit by fraud and scams.

The post UK Introduces Bill to Clarify Cryptos Legal Status first appeared on CurrencyCrypt.

Read more: https://currencycrypt.net/uk-introduces-bill-to-clarify-cryptos-legal-status/

Text source: CurrencyCrypt

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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