Progress

Current status
in force
02 Dec 2025 in force
19 Nov 2025 adopted
20 Dec 2024 processing consultation
19 Nov 2024 in consultation
11 Sep 2024 under deliberation

Scope

Implementers
United Kingdom
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
legislature
Government Body
central government
parliament
Implementation Level
national

Timeline of events

02 Dec 2025
in force

Property (Digital Assets) Act received Royal Assent and entered into force

On 2 December 2025, the Property (Digital Assets etc) Act 2025 received Royal Assent and entered into force on the same day. The Act establishes statutory provisions confirming that a thing, including one that is digital or electronic in nature, is …

Source
Event type law
Action type implementation
Government branch executive
Government body central government
19 Nov 2025
adopted

House of Commons adopted Property (Digital Assets etc) Bill

On 19 November 2025, the House of Commons passed the Property (Digital Assets etc) Bill at third reading, having been passed by the House of Lords on 8 May 2025. The version before the Commons confirms the Bill’s provision that a thing, including on…

Source
Event type law
Action type adoption
Government branch legislature
Government body parliament
20 Dec 2024
processing consultation

Closed consultation on Property (Digital Assets etc) Bill (HL Bill 31)

On 20 December 2024, the Special Public Bill Committee closes a consultation on the Property (Digital Assets etc) Bill. The Bill aims to clarify the legal status of digital assets such as Bitcoin, non-fungible tokens, and carbon credits under Englis…

Source
Event type law
Action type consultation closed
Government branch executive
Government body central government
19 Nov 2024
in consultation

Opened consultation on Property (Digital Assets etc) Bill (HL Bill 31)

On 19 November 2024, the Special Public Bill Committee launched a consultation on the Property (Digital Assets etc) Bill until 20 December 2024. The Bill aims to clarify the legal status of digital assets such as Bitcoin, non-fungible tokens, and ca…

Source
Event type law
Action type consultation opened
Government branch executive
Government body central government
11 Sep 2024
under deliberation

Introduced Property (Digital Assets etc) Bill

On 11 September 2024, the UK government has introduced the Property (Digital Assets etc) Bill in Parliament, aiming to clarify the legal status of digital assets like Bitcoin, non-fungible tokens (NFTs), and carbon credits. In particular, these digi…

Source
Event type law
Action type introduction
Government branch executive
Government body central government