What is crypto’s current trajectory in the UK even as parliament introduces a bill to recognise crypto as personal property?

What is crypto’s current trajectory in the UK even as parliament introduces a bill to recognise crypto as personal property?

Proactive Investors – On Wednesday, September 11, UK lawmakers introduced a bill that acknowledges crypto as being personal property. The proposed bill will recognise digital assets, including cryptocurrency, NFTs and carbon edits as part of personal property that is liable for legal protection in the UK market. This grants the same legal rights that traditional financial instruments have to crypto and other digital assets.

Well, this move gives the UK crypto market a significant boost as more investors will most likely join in. As this is happening, the value of most cryptocurrencies has been on an upward trajectory since their inception, and more people are getting involved as days go by.

A good example is . Since its inception in 2009, Bitcoin has remained the popular crypto around. So, you find that many investors are converting their GBP, EUR or USD to BTC as the value of the token has been steadily rising over the years. Well, even though BTC has been showing…
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