The Property (Digital Assets etc) Act 2025 has received Royal Assent, officially recognising cryptocurrencies, NFTs, and other digital assets as a unique category of personal property in the UK.
Under this law, digital assets like Bitcoin, stablecoins, and NFTs are legally treated as a third category of personal property, separate from physical objects and contractual rights, giving clarity to owners and businesses.
Crypto owners now have enforceable property rights, allowing them to take legal action in cases of theft, misuse, or disputes involving wallets, private keys, token transfers, or unauthorized access to their digital assets.
The Act ensures digital assets are clearly handled in inheritance, bankruptcy, insolvency, and estate proceedings, giving individuals and companies certainty over ownership and legal recourse in financial or estate matters.
Following recommendations by the Law Commission of England and Wales, the Act replaces fragmented case law with statutory rules, giving courts clear guidance to resolve disputes and support innovation in the UK digital finance ecosystem.