The UK Desires a New Type of Possession for Bitcoin – Bitcoin Journal

The UK Desires a New Type of Possession for Bitcoin – Bitcoin Journal

The Regulation Fee for England and Wales, an impartial authorized reform consulting agency initially commissioned by parliament, has proposed a brand new property class to embody digital belongings like bitcoin in a 549-page proposal.

How may this modification the way in which the UK interacts with and acknowledges bitcoin, and why was it needed?

Within the UK there are at present two acknowledged types of possession: issues in possessionY issues in motion.

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