The UK government has proposed a bill that would create a new category of personal property for cryptocurrencies and NFTs.

The UK government introduced a landmark bill in Parliament on Wednesday that seeks to clarify the legal status of digital assets, including Bitcoin and other cryptocurrencies and NFTs, treating them as personal property under the laws of England and Wales.

If passed, the bill would create a third category of personal property, going beyond the current classifications of "holdings" and "walking animals." This new category would cover certain digital assets, providing them with clear legal recognition and protection. $BTC #美降息25个基点预期升温