đ Big news from the UK! England's High Court just ruled that Tether's USDT stablecoin is officially property! đïžđ°
1/ The ruling aligns with the UK government's new crypto property classification. This means your favorite stablecoin is now treated like any other asset under English law. đ
2/ The case was brought by Fabrizio DâAloia, who fell victim to a crypto scam involving USDT and USDC. The court ruled in favor of Bitkub, one of the defendants. đ”ïžââïž
3/ This decision could pave the way for more robust crypto regulations and protections. đ
What do you think? Is this a win for DeFi and Web 3? Letâs discuss in the comments! đ