According to @BullTheoryio, a new UK law reclassifies cryptocurrencies as legal property on par with stocks, real estate, and other assets, granting holders clear rights to own, inherit, recover, and treat crypto like regulated assets. According to @BullTheoryio, this change removes major legal uncertainty and enables crypto to be used more easily in estate planning, lending, and as collateral in regulated markets. According to @BullTheoryio, the clarification is expected to increase institutional comfort with crypto exposure and infrastructure participation. According to @BullTheoryio, crypto-backed property structures may become mainstream as the legal framework aligns with traditional asset treatment. According to @BullTheoryio, no statute name or official reference was provided in the report, and traders should monitor official UK releases for implementation specifics.

According to Vitalik Buterin, the co-founder of Ethereum, everyone should have the freedom to own digital assets. This statement comes in response to concerns about unlawful dealings in the digital asset market, emphasizing the importance of ownership rights in the cryptocurrency space.