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Just saw some explosive news!
The UK has made a big move—a bill has received royal assent. What does this mean? Cryptocurrencies and stablecoins, these digital assets, are now officially covered under personal property legal protection. From now on in the UK, your digital assets will enjoy the same legal status as traditional assets—this is a big deal.
I have to say, this move is quite forward-looking. With clearer regulations, market confidence will naturally follow. With this step, the UK might trigger a chain reaction, and other countries may have to follow suit. The global compliance process for digital assets seems to have taken a big leap forward.
Now let's see what big moves the UK will make next—this trend is definitely worth keeping an eye on.