King Charles III has granted Royal Assent to a law creating a new property class for digital assets. The UK’s Property (Digital Assets etc.) Act 2025 represents a major evolution in the legal framework for cryptocurrency.
The concise legislation passed Parliament without changes. It definitively states that digital holdings are a form of property, creating a third legal category alongside traditional ones.
Leadership from Bitcoin Policy UK heralded the change. Susie Ward emphasized the new legal protections for holders, and Freddie New framed it as the most substantial update to English property law since medieval times.
This reform was initially advised by the independent Law Commission two years prior. The bill entered Parliament through the House of Lords in the autumn of 2024.
According to CryptoUK, this statutory recognition solidifies what courts were already practicing. Writing it into law, however, is set to offer more defined pathways for legal action and recovery in cases of crime or dispute.
