The United Kingdom is preparing to issue a crypto legal framework by 2025

The United Kingdom is preparing to issue a legal framework for cryptocurrency (BTC, BNB, ETH..), expected to be completed by 2025. This bill will classify digital assets such as cryptocurrencies and stablecoins as personal property, paving the way for the development of comprehensive cryptocurrency regulations in the country. This aims to ensure consumer rights, protect investors from fraud, and bring transparency to transactions related to cryptocurrencies, while also encouraging innovation in this field.

In November 2024, the UK Treasury confirmed that establishing the legal framework would include services such as staking and issues related to stablecoins. The government aims to clarify the legal status of these assets to attract further investment and promote the UK as a cryptocurrency hub. However, regulations must also ensure a balance between innovation and consumer protection, which is essential in the context of the rapidly growing cryptocurrency industry.