Odaily Planet Daily News: The UK High Court ruled that Tether's USDT stablecoin is property. The ruling came as the English government proposed a new classification of property to specifically cover cryptocurrencies. Richard Farnhill, deputy judge of the UK High Court, said in a court document filed on Thursday: "Under English law, USDT has property rights, it can be tracked, and it can constitute trust property like other property." (Coindesk)