According to the source, the UK is reported to have passed a Digital Assets Bill recognizing crypto as personal property, but this claim requires verification against official parliamentary and statute records before trading decisions are made (source: https://bills.parliament.uk/; https://www.legislation.gov.uk/). In the UK, a bill only becomes law on Royal Assent and its provisions apply on specified commencement dates, which directly affect when any property-rights changes would be enforceable in markets (source: https://www.legislation.gov.uk/). The Law Commission’s 2023 final report recommended recognizing certain digital assets as a distinct form of personal property, providing context for potential statutory changes and custody, collateral, and insolvency treatment (source: https://www.lawcom.gov.uk/project/digital-assets/). Traders should confirm the enrolled Act text and commencement schedule and cross-check any FCA-supervised product implications before adjusting exposure to UK-linked BTC and ETH instruments, custody setups, or security interests (source: https://www.legislation.gov.uk/; https://www.fca.org.uk/markets).